…as investors gain N11bn
Trading activities at the Nigerian stock market on Thursday closed on a positive note, as the All Share Index appreciated by 0.06 per cent to close at 38,874.13 points from the previous close of 38,852.69 points.
Investors gained N11 billion as the Market Capitalisation grew by 0.05 per cent to close at N20.254 trillion from the previous close N20.243 trillion.
An aggregate of 125.8 million units of shares were traded in 2,990 deals, valued at N1.266 billion.
The Market Breadth closed positive as 16 equities appreciated in their share prices against 12 equities that declined in their share prices.
NAHCO led other gainers with 10 per cent growth, closing at N3.52 from the previous close of N3.2. Phamadeko, Veritas Kapita and Cornerstone Insurance among other gainers also grew their share prices by 9.55 per cent, 9.52 percent and 9.43 per cent respectively.
Sovereign Trust Insurance led other price decliners as it shed 4.17 per cent of its share price, closing at N0.23 from the previous close of N0.24.
UDPC and Ecobank among other price decliners also shed their share prices by 3.68 per cent and 2.83 per cent respectively.
Mutual Benefit Assurance traded about 13.72 million units of its shares in 19 deals, valued at N4.11 million. UCAP traded about 11.46 million units of its shares in 165 deals valued at N97.61 million.
GTCO traded about 9.95 million units of its shares in 234 deals, valued at N270.93 million.