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Investors in the Nigerian equities market gained N440 billion by the close of trading on Wednesday.
This followed a surge in the share prices of stocks such as Livestock Feeds, Daar Communications and CWG, among others, on the trading floor.
The benchmark All-Share Index (ASI) increased to 252,508.19 points from the 252,411.67 points recorded the previous day.
After five hours of trading on the capital market, equity capitalisation surged to N162 trillion from N161.6 trillion posted by the bourse on Tuesday.
The market breadth was positive, with 39 stocks advancing, 26 declining, and 83 remaining unchanged in 76,557 deals.
A total of 1,683,094,446 shares were traded, valued at N109.4 billion.
READ ALSO:NGX: Stock market maintains bullish sentiment with N884bn gain for investors
Livestock Feeds, Daar Communications and CWG led the gainers’ chart, with 10% growth in share prices, respectively, to close at N10.45, N1.87 and N23.10 per share, up from N9.50, N1.70 and N21.00 per share.
NCR, Cornerstone, and Zichis led other price decliners, with declines of 10%, 10%, and 9.89%, respectively, to close at N179.10, N5.40, and N36.36 per share, down from N199.00, N6.00, and N40.35 per share, respectively.
On the volume index, First HoldCo led trading with 564 million shares in 1,285 deals, followed by Access Holding Bank, which traded 104 million shares in 3,264 deals.
Fidelity Bank traded 96 million shares in 1,509 deals.
On the value index, First HoldCo traded stocks valued at N43.6 billion in 1,285 deals, followed by NGX Group, which traded equities worth N10 billion in 1, 332 deals.
Aradel traded shares valued at N5.3 billion in 2,197 deals.
Babajide Okeowo
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