Stock investors gain N390bn, market cap nears N19tn

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Equity trading on the floor of the Nigerian Stock Exchange, on Thursday, closed on a positive note with a gain of N390bn as the bulls recaptured trading activities.

The key market performance indices, NSE All-Share Index, appreciated by 2.10 per cent with market breadth closing positive with 30 gainers as against 17 losers.

The market capitalisation of equities appreciated by N390bn or 2.10 per cent to close higher at N18.94tn from N18.55tn as market sentiment remained on the green territory.The premium subsector was the most active ; with 167.92m shares exchanged by investors in 1,414 deals. The banking subsector was boosted by the activities in the shares of Fidelity Bank Plc and Guaranty Trust Bank Plc, with a turnover of 36.68 million shares in 632 deals.

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