The All Share Index also appreciated by 0.48 percent to settle at 27,858.48 points as Year to Date (YtD) loss trimmed to -2.72 percent.
The day’s trading activities showed investors’ sentiment remained positive as market breadth closed with 25 gainers to 16 losers, Conoil Plc proceeded to top the day’s 25 advancing stocks for the fourth consecutive trading sessions with a gain of 10.21 percent or N2.95 to close at N31.84 per share following the declaration of an impressive 2015 full year results. Air Service Plc followed with an appreciation of 5.00 percent or 10 kobo to close at N2.10 per share, John Holt Plc added 4.76 percent or 3 kobo to close at 66 kobo per share, PZ Cussons Plc grew 4.56 percent or 85 kobo to close at N19.50 per share and Unity Bank Plc increased by 4.48 percent or 3 kobo to close at 70 kobo per share.
Conversely, Portland Paints Plc led the day’s losers with a decline of 5.00 percent or 8 kobo to close at N1.52 per share, Union Bank Plc followed with a depreciation of 4.91 percent or 22 kobo to close at N4.26 per share, Fidson Health Care Plc lost 4.73 percent or 8 kobo to close at N1.61 per share, AIICO Insurance Plc depreciated 4.62 percent or 3 kobo to close at 62 kobo per share and NEM Plc dropped 3.57 percent or 3 kobo to close at 81 kobo per share.
The top three traded stocks were: First Bank Nigeria Holdings (FBNH) Plc with the sale of 56.5 million shares worth N169.1 million, followed by First City Monument Bank Plc that exchanged 32.1 million shares worth N32.1 million, and UBA Plc traded 29.6 million stocks valued at N124.3 million.
Market activity as measured by volume and value traded appreciated by 14.3 and 32.1 percent respectively to settle at 228.9 million units and N2.11 billion respectively.
