Specifically, at the close of transactions yesterday, ASI increased by 249.36 absolute points, a gain of 1.03 per cent to close at 24,452.23 points.The uptrend was impacted by gains recorded in large and medium value stocks, amongst which were; Dangote Cement, Zenith Bank, BUA Cement, Guaranty Trust Bank, and Stanbic IBTC Holdings.
Market breadth remained positive, with 37 gainers versus five losers. Red Star Express recorded the highest price gain of 10 per cent to close at N3.41 per share. Wapic Insurance edged up 6.90 per cent to close at 31 kobo, and Transnational Corporation of Nigeria gained 5.48 per cent to close at 77 kobo, per share.
Lafarge Africa lost 2.65 per cent to close at N11.00, and Wema Bank dipped 1.72 per cent to close at 57 kobo per share.The total volume of trades increased by 28.57 per cent to 436.838 million units valued at N5.411billion exchanged in 5,195 deals.