The rally was driven by increased demand for stocks such as NGX Group, Trans-Nationwide Express, MC Nichols, VFD Group, CHAMS, and 27 others.

Market capitalisation rose from an opening value of N131.165 trillion to close at N131.608 trillion, representing a gain of 0.34 per cent or N443 billion.

In the same vein, the All-Share Index advanced from 203,770.43 to 204,458.86, reflecting an increase of 688.43 points or 0.34 per cent.

This led to an increase in the Year-to-Date return to 31.39 per cent while the market breadth closed positive with 32 gainers and 24 losers.

NGX Group led the gainers’ chart by 10 per cent, closing at N153.45.

Trans-Nationwide Express trailed by 9.81 per cent, ending the session at N4.14.

MC Nichols soared by 9.74 per cent, settling at N7.10 per share.

Also, VFD Group gained by 9.71 per cent, finishing at N11.30 and CHAMS increased by 8.96 per cent, closing at N3.65 per share.

On the other hand, Berger Paints topped the losers’ chart by 9.95 per cent, ending the session at N68.35.

Academy followed by 9.71 per cent, finishing at N7.90 and Caverton Offshore Support Group dipped by 5.98 per cent, closing at N5.50 per share.

Similarly, Honeywell Flour shed by 4.92 per cent, settling at N20.30 while CAP dipped by 3.81 per cent, closing at N96 per share.

Trading activity declined at the close of the session, as total volume fell by 14.33 per cent to 470.01 million shares, valued at N32.45 billion across 60,793 deals.

Access Corporation led the volume chart with 54.91 million shares traded, representing 11.68 per cent of the day’s total volume.

Aradel topped the value chart with transactions worth N7.05 billion, accounting for 21.74 per cent of the total value traded.

Source: NAN

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The market capitalisation rose by N151 billion or 0.23 per cent to close at N66.647 trillion, up from N66.496 trillion recorded on Wednesday.

Similarly, the All-Share Index, ASI, appreciated by 241.72 points or 0.23 per cent to close at N106,042.57, compared to 105,800.85 in the previous session.

The rally was largely supported by buying interest in stocks such as Access Corporation, United Bank for Africa, CHAMS Holding Plc and more.

However, the market breadth closed negative with 41 losers and 29 gainers.

On the losers’ chart, FG132036S2 declined by 20 per cent, closing at N20.00 while DAAR Communications fell by 10 per cent, to close at 54k per share.

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Vitafoam dropped by 9.94 per cent, to close at N47.55 and Multiverse shed by 9.93 per cent, settling at N6 35 per share.

Similarly, Eterna lost by 9.91 per cent, to close at N45.00 per share.

On the gainers’ chart, Cadbury Nigeria increased by 10 per cent, to finish at N31.90 while the Nigerian Aviation Handling Company also soared by 10 per cent, to close at N82.50 per share.

The Initiates Plc rose by 10 per cent, ending the session at N4.95 and Beta Glass grew by 9.96 per cent, closing at N109.80 per share.

Also, Caverton Offshore Support Group gained by 9.92 per cent, to close at N2.66 per share.

A total of 573.33 million shares worth N15.254 billion were traded across 18,554.

This is in contrast with 392.99 million shares worth N12.755 billion exchanged across 17,519 transactions earlier.

Transactions in the shares of Access Corporation topped the activity chart with 52.82 million shares worth N1.157 billion.

CHAMS Holding Plc followed with 51.56 million shares valued at N108.86 million while United Bank for Africa sold 35.98 billion shares worth N1.26 billion.

First City Monument Bank traded 34.52 million shares valued at N314.64 million and Guaranty Trust Holding Company transacted 31.86 million shares worth N2.05 billion.

Source: NAN

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