Transactions at the Nigerian Stock Exchange, NSE, on Wednesday, July 26, closed green as lead indices surged further, hitting three-year highs.
As such, the All Share Index ASI surged by 3.40 per cent or 1,207.77 points today, to close at 36,740, the first since 2014, extending the bullish run to the 15th consecutive session.
Likewise, the market capitalization gained N417 billion and closed the day at N12.663 trillion in contrast to N303 billion gained in the previous session when it closed at N12.246 trillion.
The Month-to-Date and Year-to -Date returns were also further stretched to 10.69 per cent and 35.62 percent, respectively.
Activity Chart showed 31 gainers paired 17 losers with Conoil emerging the day’s top gainer with a growth of 10.21 percent to close at N33.04 per share.
Fidson soared by 10,06 percent to close at 3.39 per share and Oando grew by 7.01 percent to close at N8.40 per share.
Conversely, AIICO Insurance led 17 losers with a decline of 5.26 percent to close at 54 kobo per share while SCOA Nigeria and Union Bank followed with a loss of 4.77 per cent and 4.57 percent to close at N3.59 and N5.43 respectively.
FBN Holdings topped trading activity with the sale of 42.8 million shares worth N257.9 million. UBA followed with the sale of 33.9 million shares worth N345.8 million while Zenith Bank traded 33.3 million shares for N838.4 million. Access Bank came fourth with 30.9 million shares traded at N324.4 million and Fidelity Bank sold 28.9 million valued at N39.3 million.
At the end of trading, investors moved a total of 335.3 million units of shares valued at N4.6 billion in 5,385 deals compared to 288.6 million shares worth N2.5 billion traded in deals on Tuesday.
