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Trading activities on the floor of Nigerian Exchange on Wednesday returned to bullish run, appreciating by N104 billion.
Market capitalization of listed equities increased by 0.06 per cent to N160.812 trillion from N160.708 trillion reported the previous day.
The NGX All Share Index also went up by 160.02 basis points to 147673.65 points from 247513.63 points recorded on Tuesday.
The positive performance was driven by gains recorded in the shares of Aradel Plc, GTCO Plc,UBA and among others.
The market breath was positive with 30 advancers against 16 decliners bring year to date return to 59.16 per cent.
An analysis of the investment showed that AustinLaz led gainers table with 10 per cent to close at N2.42 per unit, Entrazact followed with a gain of 9.76 per cent to close at N15.75 per unit, Livestock Feeds added 9.71 per cent to close at N16.95 per share , CMFC added 9.60 per cent to close at N3.54 per unit, FTG Insurance up by 9.38 per cent to close at N1.75 per unit.
On the contrary,
UPDCREIT topped losers chart, dropping by 9.96 per cent to close at N23.50 per unit, UPDC trailed with a drop of 6.02 per cent to close at N3.90 per unit, Regal Insurance down by 4.88 per cent to close at N0.78 per unit, Veritas Kapital declined by 3.57 per cent to close at N1.08 per unit, RTBriscoe dipped by 3.14 per cent to close at N9.25 per unit.
Volume of trades declined by 71.959 million, representing 18.62 per cent as investors traded 314.91 million shares against 386.450 million reported the previous day. Value of transactions up by 35.82 per cent to settle at N28.590 billion in 30956 deals.
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