Investors at the Nigerian equity continued to raise wagers that have led to 0.62 percent gains in the bourse markets All Shares Index on Thursday.
The Market Benchmark Indicator-ASI (All Share Index) of the Nigerian Stock Exchange (NSE) has sustained gradual growth since the beginning of the week, as more companies drop their Q2 and H1 results. Thursday’s upturn was largely advanced by value appreciation recorded in some stocks as Guinness Nigeria Plc lead 25 stocks that advanced against 16 loser.
At the close of trading on the Nigerian stock exchange (NSE), stocks value added N79.333 billion yesterday as the Nigerian Stock Exchange (NSE) All Share Index (ASI) increased by 0.62 percent or 230.17 points, while the Year-to-Date (YtD) return stood at 38.18 percent.
The All Share Index closed at 37,135.23 points against the preceding close of 36,905.06 points, while the equities market capitalization closed at N12.799 trillion as against preceding day close of N12.720 trillion. The volume of stocks traded increased stood at 412.122 million while the total value of stocks traded in 4,270 deals was N4.721 billion.
Livestock Feeds Plc led Thursday’s activities chart as its shares traded 134.489 million units exchanged for N134.241 million; followed by Access Bank Plc with 73.538 million shares traded for N735.513 million.
Stock traders exchanged Guaranty Trust Bank Plc’s 48.902 million shares worth N1.952 billion; followed by Transnational Corporation of Nigeria Plc’s 23.420 million units worth N33.716 million; while they exchanged Zenith Bank Plc’s 18.121 million units valued at N456.025 million.
Guinness Nigeria Plc led the list of advancers after gaining N2.13, from N69.87 to N72, Dangote Sugar Plc followed with N1.25 gain from N12.75 to N14. The shares of the Nigerian Breweries Plc gained N1.15 from N171.25 to N172.4. Guaranty Trust Bank Plc rallied from N39 to N40.01 adding N1.01; while Flour Mills Nigeria Plc gained N0.8, from N29.2 to N30.
On the laggard table, Mobil Oil Nigeria Plc share price dipped the most, from N240.65 to N232, down by N8.65; May and Baker Nigeria Plc followed from N3.22 to N3.07, down by N0.15, Cutix Plc lost N0.11, from N2.2 to N2.09; Fidson Healthcare Plc also lost N0.09 from N3.9 to N3 while Nascon Allied Industries Plc lost N0.09 from N11.59 to close at N11.5.
