Activities on the nation’s bourse closed upbeat on Thursday with the market capitalisation growing by N62 billion, reversing the previous three consecutive trading days losses.
The upturn was significantly impacted by gains recorded in medium and large capitalised stocks, amongst which are; Nestle Nigeria, Seplat Petroleum Development Company , International Breweries, Cement Company of Northern Nigeria and Dangote Cement. Courteville Business Solutions went up by 8.70 per cent to close at 25k, while Consolidated Hallmark Insurance appreciated by 8.33 per cent to close at 26k per share.Berger Paints followed with a decline of 9.79 per cent to close at N6.45, while Nigerian Breweries declined by 7.26 per cent to close at N57.50 per share.
This was against the 394.06 million shares valued at N3.27 billion transacted in 3,377 deals on Wednesday.