NGX: Equity markets consolidate gains with N5.4tr gain for investors

This follows a surge in the prices of shares such as UACN, Zichis and Cap, among others, on the stock exchange floor.

The benchmark All-Share Index (ASI) index increased to 237,205.59 points from 228,740.19 points the previous day.

After five hours of trading on the capital market, equity capitalization jumped to N152.7 trillion from N147.2 trillion recorded by the exchange on Tuesday.

Market breadth was positive, with 49 stocks advancing, 42 declining, and 57 stocks unchanged in 83,445 transactions.

A total of 1,333,517,553 shares were traded worth N69 billion.

UACN, Zichis and Cap led the gainers chart, with share price growth of 10% each, closing at N165.00, N19.80 and N132.00 per share, up from N150.00, N18.00 and N132.00 per share.

John Holt, Cadbury and E- Tranzact led other price declines, with falls of 10%, 10% and 9.97% respectively, closing at N12.60, N66.15 and N15.80 per share, down from N14.00, N73.50 and N17.55 per share respectively.