Investors in Nigerian equities took home N479 billion as profit at the close of trading on Thursday.
This followed the surge in the share prices of stocks like AIICO Insurance Plc, University Press, and AXA Mansard Insurance Plc, among others, on the trading floor.
The benchmark All-Share Index (ASI) rose to 146,570.71 points from the 145,813.86 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation increased to N92.730 trillion from N92.251 trillion posted by the bourse on Wednesday.
The market breadth was positive, with 44 stocks advancing, 34 stocks declining, and 66 stocks remaining unchanged in 35,291 deals.
AIICO, University Press, and AXA Mansard Insurance Plc led other gainers with 10% growth each in prices to close at N3.19, N5.61, and N13.31 from the previous N2.90, N5.10, and N12.10 per share.
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Chams Plc, Austin Laz & Company, and Caverton Offshore Support Group led other price decliners with 9.94%, 9.83%, and 9.65% dip in share prices to close at N2.90, N2.1,1, and N6.37 from the previous N3.22, N2.34, and N7.05 per share.
On the volume index, Linkage Assurance led trading with 372 million shares in 774 deals, followed by Prestige Assurance Company, which traded 249 million shares in 313 deals.
Veritas Kapital Assurance Plc traded 181 million shares in 789 deals.
On the value index, Guaranty Trust Holding (GTCO) traded stocks valued at N2.9 billion in 1,035 deals, followed by Zenith Bank Plc, which traded equities worth N2.8 billion in 1,182 deals.
Dangote Cement traded shares valued at N2.7 billion in 781 deals.
Babajide Okeowo
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