The Nigerian equities market sustained the bullish run with a N473 billion gain for investors on Thursday.
This followed a surge in the share prices of stocks like FTN Cocoa Plc, Academy Press and Sovereign Trust Insurance, among others, on the trading floor.
The benchmark All-Share Index (ASI) increased to 133,199.99 points from the 132,557.43 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation rose to N84.2 trillion from the N83.7 trillion posted by the bourse on Wednesday.
The market breadth was positive, with 46 stocks advancing, 33 stocks declining, and 68 stocks remaining unchanged in 22,955 deals.
FTN Cocoa Plc, Academy Press and Sovereign Trust Insurance led other gainers with 10% growth each in prices to close at N6.60, N8.74, and N1.43 from the previous N6.00, N7.70 and N1.30 per share.
READ ALSO: NGX: Equities market sustains bullish run as investors gain N396bn
Associated Bus Company, John Holt Plc and Union Dicon Salt Plc led other price decliners with 10% dip in share prices to close at N4.59, N8.10 and N9.00 from the previous N5.10, N9.00 and N10 per share.
On the volume index, Japaul Gold Ventures led trading with 83 million shares in 240 deals, followed by United Bank for Africa Plc (UBA), which traded 73 million shares in 969 deals.
Access Holdings Plc traded 65 million shares in 1,467 deals.
On the value index, UBA traded stocks valued at N3.4 billion in 969 deals, followed by Nigerian Breweries Plc which traded equities worth N2.9 billion in 287 deals.
Access Holdings Plc traded shares valued at N1.8 billion in 1,467 deals.
The post NGX: Equities market sustains bullish with N473bn gain for investors appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
