Investors in the Nigerian equities market gained N308 billion at the close of trading on Thursday.
This followed the surge in the share prices of stocks such as Caverton Offshore Support Group, Eunisell Interlinked Plc and Sunu Assurance Plc, among others, on the trading floor.
The benchmark All-Share Index (ASI) surged to 146,204.33 points from the 145,719.09 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation increased to N92.7 trillion from N92.4 trillion posted by the bourse on Wednesday.
The market breadth was positive with 32 stocks advancing, 21 stocks declining, and 93 stocks remaining unchanged in 24,691 deals.
Caverton Offshore Support Group, Eunisell Interlinked Plc and Sunu Assurance Plc led other gainers with 10%, 10% and 9.90% growth each in share prices to close at N6.93, N44.00, and N5.77 from the previous N6.30, N40.00, and N5.25 per share.
FTN Cocoa, Tantalizers Plc, and Fidelity Bank Plc led other price decliners with a 6.67%, 3.35%, and 2.38% dip in share price to close at N5.60, N2.31, and N20.50 per share, down from the previous N6.00, N2.39, and N21.00 per share.
On the volume index, Fidelity Bank Plc led trading with 42 million shares in 536 deals, followed by Dangote Cement, which traded 20 million shares in 1,113 deals.
Sterling Bank traded 19 million shares in 1,045 deals.
On the value index, Dangote Cement traded stocks valued at N11 billion in 1,113 deals, followed by Nestle Nigeria, which traded equities worth N5 billion in 174 deals.
MTN Nigeria traded shares valued at N4.9 billion in 1,554 deals.