Trading activities on the floor of Nigerian Exchange (NGX) on Thursday closed higher, appreciating by N390 billion.
Market capitalisation of listed equities increased by 0.72 per cent to N54.707 trillion from N54.317 trillion reported the previous day.
The NGX All Share Index also appreciated by 714.28 basis points to 99980.30 points from 99266.02 points
A review of the transactions showed that four companies appreciated by 10 per cent at the close of trading on Thursday.
Juli Pharmaceutical, United Bank for Africa, GTCO Plc, NEM Insurance gained 10 per cent each to close at N3.41 per share, N22.55 per unit, N39.60 per share and N6.60 per unit respectively. Champion Breweries followed with a gain of 9.97 per cent to close at N3.42 per share.
On the contrary, SUNU Assurance topped loser’s chart during the day, dropping by 10 per cent to close at N1.71 per share, Eterna Plc trailed with a loss of 9.81 per cent to close at N14.25 per unit, CWG down by 9.76 per cent to close at N5.55 per unit, Morrison Industry fell by 9.58 per cent to close at N1.51 per unit, Cadbury Nigeria Plc declined by 9.52 per cent to close at N19.00 per share.
Volume of activities grew by 146.722 million, representing 37.03 per cent as investors traded 542.950 million shares valued at N8.696 billion in 9650 deals against 396.228 million shares cost N5.826 billion exchanged hands the previous day in 10549 deals.
Transactions in the shares of UBA led market activities with 93.708 million shares valued at N2.067 billion, Transcorps followed with account of 54.082 million shares worth N692.192 million, Japaul traded 34.336 million shares cost N65.767 million, Sterling Bank exchanged 28.492 million shares cost N129.151 million while Fidelity Bank traded 27.089 million shares cost N270.735 million.
