Transactions on the floor of the Nigerian Stock Exchange, NSE, recovered from a three day bear control, regaining 0.80 percent on Wednesday, June 29.
Consequently, the All Share Index gained 237.67 basis points to close at 29,812.91 points as against the 264.99 points that it shed on Tuesday, June 28.
The NSE’s Year-to-Date (YTD) returns to 4.09 percent.Market breadth closed positive with 24 gainers to 18 losers. Wema Bank Plc led the gainers chart with an advancement of 8 percent or 6 kobo to close at 81 kobo per share.
Julius Berger Plc followed with a gain of 4.99 percent or N2.42 to close at N50.93 per share, Berger Paints Plc added 4.92 percent or 36 kobo to close at N7.67 per share, while Skye Bank Plc and UPL Plc appreciated by 4.81 percent each or 5 and 21 kobo respectively to close at N1.09 and N4.58 per share respectively.
On the other hand, Fidson Health Care Plc topped the day’s losers with a decline of 6.97 percent or 17 kobo in its share value to close at N2.27 per share.
Ashaka Cement Plc shaved 5.00 percent or N1.05 to close at N19.95 per share, Champion Breweries Plc closed at N4.46 as it lost 23 kobo representing 4.90 percent, while UAC- Property Plc also depreciated by 4.89 percent or 22 kobo to close at N4.28 per share and Transnationwide Express Plc dropped 4.73 percent or 7 kobo to close at N1.41 per share.
Market turnover closed positive as volume jumped by 19.78 per cent against 31.97 per cent decline recorded on Tuesday. At the end of equity trading on Wednesday, 305.8 million of shares worth N2.9 billion exchanged hands in 4,640 deals
