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Investors in the Nigerian equity market earned N72 billion at the close of trading on Thursday.
This follows a surge in the prices of shares such as Intenegins, ABC Transport and Unilever, among others, on the stock exchange floor.
The benchmark All-Share Index (ASI) index increased to 249,175.39 points from 249,062.37 points on the previous trading day.
After five hours of trading on the capital market, equity capitalization rose to N159.7 trillion from N159.6 trillion recorded by the exchange on Wednesday.
Market breadth was negative, with 41 stocks rising, 25 declining, and 82 stocks unchanged in 62,448 transactions.
A total of 1,058,721,123 shares were traded worth N30.9 billion.
Intenegins, ABC Transport and Unilever led the gainers chart, with share price growth of 10%, 9.93% and 9.80% respectively, closing at N3.41, N9.08 and N168.00 per share, up from N3.10, N8.28 and N153.00 per share.
Berger, Learn Africa and Daar Communications led the rest of the price declines, with falls of 10%, 9.96% and 9.95% respectively, closing at N147.60, N11.75 and N1.90 per share, down from N164.00, N13.05 and N2.11 per share respectively.
On the volume index, Sterling Bank led trading with 322 million shares in 497 transactions, followed by Japaul Gold which traded 96 million shares in 1,626 transactions.
Fidelity Bank traded 57 million shares in 957 transactions.
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On the value index, Aradel traded shares worth N5 billion in 1,828 transactions, followed by Zenith Bank, which traded equities worth N3 billion in 3,265 transactions.
Sterling Bank traded shares worth N2.5 billion in 497 transactions.
Babajide Okeowo
