Equity transactions on the Nigerian Stock Exchange (NSE) closed upbeat on Thursday as the market indicators improved marginally by 0.86 per cent.
The appreciation is due to price gains by some highly capitalised companies.
As a result of the bullish trading, the market capitalisation closed at N8.34 trillion when compared with N8.27 trillion posted on Wednesday.
Equally, the All-Share Index increased by 205.57 points to close at 24,261.69 against the 24,056.12 achieved on Wednesday.
Analysis of the price movement chart indicated that Seplat topped the gainers’ table by N13.71 to close at N288.08 per share.
Total Oil came second on the activity chart with N5 to close at N145, while Nigerian Breweries appreciated by N4.22 to close at N99.3 per share.
Guinness advanced by N2.58 to close at N118 and Glaxosmith gained N1.09 to close at N23.02 per share.
On the other hand, Mobil Oil led the losers’ chart by N9.6 to close at N150 per share.
Dangote Sugar trailed with a loss of 31k to close at N5.19, while Portpaint dropped 19k to close at N3.71 per share.
Eterna Oil dropped 16k to close at N1.75, while International Breweries lost 5k to close at N1.37 per share.
The volume of shares traded depreciated by 64.44 per cent as a total of 119.34 million shares worth N959.77 million were transacted by investors in 2,464 deals.
This was in contrast to the 335.61 million shares worth N1.95 billion traded in 2,847 deals on Wednesday.
Zenith Bank emerged as the toast of investors, accounting for 23.84 million shares worth N262.45 million.
UBA followed with a total of 13.42 million shares valued N37.43 million, while Access Bank exchanged 10.26 million shares worth N42.06 million.
Transcorp sold 8.79 million shares valued N9.90 million, while FBN Holdings traded 6.94 million shares worth N27.25 million.
