Transactions on the floor of the Nigerian Stock Exchange, NSE, sustained an upward trajectory for the second straight day on Thursday, February 15.
As such, the All-Share Index, ASI, appreciated by 1.03% or 432.6 points to close at 42,604.40 points, brngng the year to date return to 11.40 percent. Meanwhile the market capitalisation surged by N155.3 billion to close at N15.289 trillion.
Market breadth closed positive with 25 price gainers paired against 20 price losers. Nigerian Breweries topped the gainers chart, soaring by N2.240k to close at N131.40k per share.
Dangote Cement added N1.50k to close at N259.90k per share, while Stanbic IBTC rose by N1 to settle at N46 per share. Lafarge also added N1 to end at N52 per share, while Dangote Sugar advanced by N1 too to settle at N22 per share.
On the other hand, CAP led the laggards’ chart after dropping N1.90k of its share value to close at N36.95k per share. NASCON dropped 75k to finish at N20 per share, while Union Bank depreciated by 30k to settle at N7.55k per share.
Furthermore, Caverton shed 25k to finish at N2.60k per share, while E-Tranzact also went down by 25k to close at N4.75k per share.
Multiverse Resources led the activity chart after selling 87 million shares valued at N31.4 million. Skye Bank followed with a total of 65.6 million units sold for N73.8 million, and Access Bank, which traded 59 million worth N766.4 million.
FCMB exchanged 56 million equities worth N158.3 million, while FBN Holdings traded 39.4 million shares valued at N499 million.
At the end of tradng, the volume and value of equities exchanged at the market increased as a total of 615.2 million shares worth N6.3 billion were traded in 5,904 deals against the 520.7 million shares transacted on Wednesday in 5,694 deals valued at N4.7 billion.
