Trading activities on the floor of Nigerian Exchange (NGX) on Thursday returned to bullish trend, gaining N74 billion, as gain recorded by United Bank for Africa, Zenith, Transcorps and others lifted market activities
Market capitalisation of listed equities appreciated by 0.13 per cent to N59.021 trillion from N58.947 trillion it closed on Wednesday.
The NGX All Share Index also increased by 130.66 basis points to 104387.47 points from 104256.81 point traded the previous day.
An analysis of the Investment showed that Juli Pharmaceutical led gainers table with 10 per cent to close at N7.15 per unit, Transnational Corporation of Nigeria followed with a gain of 9.96 per cent to close at N14.90 per unit, International General Insurance gained 9.66 per cent to close at N1.59 per shares, Entrazact added 9.65 per cent to close at N6.25 per unit, Guinea Insurance added 8.33 per cent to close at N0.39 per share.
On the contrary, Deap Capital recorded the highest loss, declining by 10 per cent to close at N0.63 per share, Tourist trailed with a drop of 9.86 per cent to close at N2.56 per unit, CWG fell by 9.09 per cent to close at N5.50 per share, Caverton Business Solutions down by 8.57 per cent to close at N1.60 per share while Omatek dipped by 8.05 per cent to close at N0.80 per cent.
Volume of trades increased by 38.165 basis points, representing 12.78 per cent as investors traded 336.816 million shares worth N9.285 billion in 8790 deals against 298.651 million shares valued at N6.840 billion in 8248 deals
Transactions on the shares of United Bank for Africa led market activities with 63.881 million shares valued at N1.721 billion, AccessCorp followed with account of 32.019 million shares cost N750.038 million, Zenith Bank traded 21.772 million shares worth N846.995 million, Transcorps exchanged 20.618 million shares worth N300.491 million while GTCO exchanged 19.038 million shares valued at N894.622 million.
