Investors in the Nigerian Stock Exchange raked in N171 billion gain on Thursday after resumption from Nigeria’s Independence anniversary holiday.
Nigerian Exchange Limited’s Thursday trading data showed that PZ Cussons Nigeria, Eterna, Champion Breweries, Tantalizer, AIICO Insurance and 29 other stocks propelled the market uptrend.
This is the case, as the market capitalisation, which opened at N90.580 trillion, gained 0.19 per cent to settle at N90.751 trillion.
In the same vein, the All-Share Index also rose by 0.19 per cent, or 268.98 points, to close at 142,979.46, against 142,710.48 posted on Tuesday.
At the close of Thursday’s trading, the market breadth closed positive with 34 gainers and 26 losers on the floor of the Exchange.
PZ Cussons Nigeria led the gainers’ table by 10 per cent, while on the flip side, RT Briscoe led the losers’ table by 9.89 per cent.
Meanwhile, Cornerstone Insurance topped the activity chart in volume and value with 5.45 billion shares valued at N25.1 billion; this was followed by United Bank for Africa with 152.14 million shares worth N6.5 billion.
