NSE: Traders Gained N166.2 Billion, As The Floor Bounced Back.
It was a blue day on the floor of the Nigerian Stock Exchange as investors gained one hundred and sixty-six point five billion naira at the close of business on Thursday.
The floor has been on a losing streak since Monday last week, but however bounced back on Thursday as all the indicators closed blue.
The equity capitalization rose to twenty-one point four -five trillion naira from twenty-one point two –eight trillion, a one hundred and sixty-six point five billion naira gain.
The All Share Index consequently closed at forty-one thousand, fourteen point three points on Thursday, from forty thousand, six hundred and ninety-six point one points at the close of business on Wednesday.
The number of shares that exchanged hands on the floor went up to one point two billion, from three hundred and sixty-six point eight million shares traded on Wednesday.
The value similarly rose to six point three billion naira from five point four billion traded on Wednesday.
However, the floor was dominated by the bears, having only seven gainers.
LINK ASSURANCE PLC AND LIVESTOCK FEEDS PLC were on top of the losers with MUTUAL BENEFIT INSURANCE leading the seven gainers.
Other top losers include, UNITY BANK, NAHCO PLC, PORTLAND PAINT PLC and NORTHERN NIGERIA FLOUR MILL PLC
The most traded shares were the shares of ZENITH BANK, trading over thirty –seven point one million, valued at eight hundred and eighty-five point two million naira.
Others companies that traded high volume of shares were, ACCESS BANK, UBA, GUARANTY TRUST BANK, WAPCO and FIRST BANK HOLDING PLC.
