Trading activities in the Nigerian equities market closed positive on Thursday to halt the three days of consecutive losses.
Official report on the trading session indicated that the positive performance was driven by recorded gain by some blue chip stocks, mainly in ETRANZACT, ARDOVA, UBN and 17 other stocks.
Consequently, the Nigerian Exchange Limited All Share Index (NGX ASI) and the market capitalization increased by 0.11%, while the Year-to-Date (YTD) return stood at 16.24%.
According to the report, the All Share Index closed at 49,652.25 against the previous close of 49,599.73 while market capitalization closed at N26.782 trillion against previous close of N26.753 trillion.
Similarly, the volume traded increased by 25.55% from 128.941 million to 161.882 million, while the total value of stock traded decreased by 2.50% from N1.668 billion to N1.626 billion in 3,451 deals.
The Financial Services sector led the activity chart with 105.452 million shares exchanged for N0.642 billion followed by Conglomerates with 31.229 million shares traded for N0.037 billion, while ICT, Consumer Goods, Oil And Gas sectors followed in that order on the activity chart.
The most active stocks by volume at the trading session were TRANSCORP, FIDELITYBK, STERLNBANK, FCMB and UBA were the most.
Also, ETRANZACT, ARDOVA, CHAMS, UBN and FTNCOCOA emerged the highest price gainers on the chart, while VITAFOAM, MULTIVERSE, CHAMPION, AFRIPRUD and HONYFLOUR topped the losers chart.
