Yesterday, 46 stocks appreciated in price, while only two constituted the losers chart. The All Share Index rose by 202.33 points or 0.70 per cent to 28,980.29 points. Also, investors gained N106 billion in value as market capitalisation climbed to N15.148 trillion.
“With all sectors closing the day in the green, coupled with the significant improvement in investors’ sentiment , we expect today’s positive performance to filter into tomorrow’s session , barring any external events capable of dampening investor’s confidence.” Conoil followed with a 9.81 per cent gain to close at N17.35, while Northern Nigeria Flour Mills rose 9.79 per cent to close at N4.60, per share.
The total volume of trade also increased by 13.1 per cent to 385.599 million units, valued at N2.914 billion exchanged in 5,283 deals. Transactions in the shares of FBN Holdings topped the activity chart with 81.781 million shares valued at N505.527 million.