Equity market gains N342bn - Blueprint Newspapers Limited
Transactions on the floor of Nigerian Exchange (NGX) on Wednesday sustained growth profile, appreciating by N342 billion as bulls dominated the market.
Market capitalisation of listed equities increased by 0.52 per cent to N66.159 trillion from N65.817 trillion reported the previous day.
The NGX All Share Index also grew by 544.06 basis points to105283.67 points from 104739.61 points recorded on Tuesday.
The gains in the shares of Dangote Sugar, AccessCorp GTCO Plc UBA, Nacho, Nascon, Afriprudential VFG group among others lifted market activities during the day.
As a result year to date return went to 2.29 per cent as 34 companies closed in positive direction against 17 decliners.
An analysis of the investment showed ABC Transport led gainers table with 9.86 per cent, to close at N1.56 per unit, VFG group followed with a gain of 9.62 per cent to close at N17.10 per share, LearnAfrica added 9.54 per cent to close at N3.56 per unit,Regal Insurance up by 9.43 per cent to close at N0.58 per share, Afriprudential gained 8.63 per cent to close at N15.10 per share.
On the contrary, TripleG topped losers chart, dropping by 10 per cent to close at N1.98 per unit, MRS trailed with a loss of 9.95 per cent to close at N157.50 per unit, Abbey Building Society dipped by 9.94 per cent to close at N8.79 per unit, JohnHolt declined by 9.68 per cent to close at N7.00, Austinlaz dropped by 9.57 per cent to close at N1.89 per unit.