Domestic equity market gains N542bn

capital market bank ngx 1

The nation’s domestic equity on Thursday sustained growth profile, growing by N542 billion.

Market capitalisation of listed equities increased by 1.55 per cent to N35.515 trillion from N34.973 trillion reported the previous day.

The NSE All Share Index also appreciated by 995.70 basis points to 65263.06 points from 64267.36 points reported the previous day.

A review of the investment showed that Nigerian Breweries, Sterling Bank and PZ Cusson led gainers table with 10 per cent each to close at N41.80 per share, N3.63 and N18.15 per share respectively.

Chellaram Plc added 9.96 per cent to close at N3.05 per unit, Dangote Sugar added 9.95 per cent to close at N35.90 per unit.

On the contrary, Eterna Plc topped losers chart, dropping by 9.83 per cent to close at N23.40 per share, JohnHolt trailed with a drop of 9.82 per cent to close at N1.47 per unit, Thomas Way fell by 9.40 per cent to close at N1.06 per share, Mcnichols dipped by 9.33 per cent to N0.68 per unit, Courtvellle Business Solutions down by 9.09 per cent to close at N0.60 per unit.

Volume of transactions increased by 114.491 million, representing 34.61 per cent as investors traded 445.275 million shares worth N5.087 billion in 7095 deals.against 330.784 million shares cost N4.269 billion exchanged hands the previous day in 6251 deals.