Trading at the Nigerian Stock Exchange (NSE) on Thursday reversed two-day negative trend with the All-Share Index appreciating by 1.14 per cent.
The index rose by 265.51 points or 1.14 per cent to close at 23,598.85 compared with 23,333.34 posted on Wednesday.
Also, the market capitalisation rose by N92 billion or 1.15 per cent to close at N8.116 trillion against N8.024 trillion on Wednesday.
A breakdown of price movement chart indicated that some major blue chip equities recorded price appreciation led by Nigerian Breweries with N3.35 to close at N100 per share.
Dangote Cement came second having gained N1.90 to close at N129.40, while Guinness appreciated by N1 to close at N110 per share.
Ashaka Cement inched 95k to close at N25.95 per share.
On the other hand, Forte Oil topped the losers chart, shedding N15.67 to close at N297.83 per share.
Universal Insurance trailed with a loss of N3.80 to close at N35.24, while UACN dropped 29k to close at N20 per share.
Vitafoam depreciated by 14k to close at N4.56 and Mansard Insurance lost 11k to close at N2.19 per share.
African Alliance drove the turnover of shares traded, accounting for one million shares valued N30.50 million exchanged in one deal.
GT Bank transacted 44.64 million shares worth N696.74 million traded in 261 deals, while Zenith Bank sold 33.35 million shares valued N388.83 achieved in 300 deals.
UBA recorded a turnover of 26.79 million shares worth N77.77 million traded in 273 deals and Universal Insurance sold 19 million shares valued N9.50 million in two deals.
In all, investors’ staked N2.01 billion on 273.06 million shares traded in 2,794 deals.
This was against a turnover of 260.48 million shares valued N1.70 billion transacted in 3,465 deals on Wednesday.
