Domestic equity gains N18bn

Trading activities on the floor of Nigerian Exchange closed on bullish trend on Thursday, appreciating by N18 billion as renewed interest in the  shares of Nigeria Breweries, GTCO Plc, United Bank for Africa, Zenith Bank Transcorp listed market activities during the day.

Market capitalisation of listed equities increased by 0.03 per cent to N55.570 trillion from N55.552 trillion reported the previous day.

The NGX All Share Index also appreciated by 31.74 basis points to 97255.72 points from 98223.97 points recorded on Wednesday.

This resulting to the increase in the year to date returns to 31.40 per cent as a total of 22 companies closed in green while 23 firms remains in negative trend.

An analysis of the Investment showed that Learn Africa led gainers table with 10 per cent to close at N3.30 per share, Tantalizer followed with a gain of 7.69 per cent to close at N0.42 per share, Mutual Benefits added 5.45 per cent to close at N0.58 per unit, GTCO increased by 5.26 per cent to close at N40.00 per unit while Oando Plc exchanged 4.90 per cent to close at N10.70 per share.