The Nigerian equities market sustained positive momentum Wednesday, as the Nigerian Exchange (NGX)’s All Share Index gained 0.32 per cent to close at 112781.73 points from 112427.48 points reported on Wednesday.
The growth trend was driven by renewed interest in some medium and large stocks which took upward direction.
The upward movement added N224 billion to the market capitalisation which now stands at N71.118 trillion against N70.894 trillion traded on Tuesday.
The market breath was positive with 32 gainers outpacing 21 decliners.
As a result year to date return rose to 9.58 per at the end of trading during the day.
An analysis of the investment showed that Oando Plc led gainers table with 10 per cent to close at N52.70 per unit, UHOMerit followed with a gain of 9.96 per cent to close at N50.25 per unit, Royal Express up by 8.64 per cent to close at N0.88 per unit, Legend International added 7.27 per cent to close at N5.90 per unit, Lasaco Insurance increased by 6.67 per cent to close at N3.20 per share.
On the contrary, NCR topped losers chart, dropping by 9.87 per cent to close at N5.92 per share, ABC Transport trailed with a loss of 9.83 per cent to close at N2.66 per share, Meryer Paint down by 9.63 per cent to close at N8.45 per unit, Academy press dipped by 5.58 per cent to close at N4.53 per share, Livestock Feeds dropped by 6.77 per cent to close at N8.95 per unit.