Investors in the Nigerian equities market gained N1 trillion at the close of trading on Thursday,
This followed the leap in the share prices of stocks such as Linkage Assurance, Custodian, and Oando, among others, on the trading floor.
The benchmark All-Share Index (ASI) surged to 146,981.17 points from the 145,403.83 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation increased to N93.4 trillion from N92.4 trillion posted by the bourse on Wednesday.
The market breadth was positive with 55 stocks advancing, 11 stocks declining, and 80 stocks remaining unchanged in 23,675 deals.
An aggregate of 599,710,620 units of shares was traded, valued at N22.6 billion.
Linkage Assurance, Custodian, and Oando led the gainers with 10%, 10% and 9.97% growth in share prices, respectively, to close at N1.76, N38.50, and N43.55 per share, up from the previous N1.60, N35.00, and N39.60 per share.
Austin Laz and Company, Union Dicon, and Sterling Bank led other price decliners with a 9.96%, 9.68%, and 5.81% dip each in share price to close at N2.35, N7.00, and N7.30 per share, down from the previous N2.61, N7.75, and N7.75 per share
On the volume index, Wema Bank led trading with 98 million shares in 257deals, followed by United Bank for Africa, which traded 52 million shares in 907 deals.
Fidelity Bank traded 41 million shares in 422 deals.
On the value index, Zenith Bank traded stocks valued at N2.6 billion in 1,722 deals, followed by Stanbic IBTC, which traded equities worth N2.5 billion in 216 deals.
United Bank for Africa traded shares valued at N2.1 billion in 907 deals.