The nation’s domestic equity market sustained a growth profile on Wednesday, appreciating by N117 billion, as a selloff in shares of some small and medium stocks lifted activities in the market.
Market capitalisation of listed equities increased by 0.36 per cent to N32.302 trillion from N32.185 trillion reported the previous day.
The NGX All Share Index also appreciated by 213.93 basis points to 59323.95 points from 59110.02 points recorded on Tuesday.
A review of the Investment showed that Afromedia led gainers table in percentage terms, gaining 10 per cent to close at N0.22 per share, ETranzact followed with a gain of 9.91 per cent to close at N5.88 per share, Neimeth International Pharmaceutical gained 9.88 per cent close at N1.78 per unit, FTNCocoa added 9.88 per cent to N1.78 per shares.
Unity Bank gained 9.76 per cent to close at N1.35 per share.
On the contrary, Jaiz Bank topped losers chart, in percentage terms, dropping by 10 percent to close at N1.53 per share, Meyer Paint trailed with a loss of 9.88 per cent to close at N2.19 per unit, Ikeja Hotel fell by 9.86 per cent to close at N3.20 per share, Tantalizer dipped by 9.06 per cent to close at N0.20 per unit, Cadbury Nigeria Plc down by 9.04 per cent to close at N17.10 per share.
Volume of trades increased as investors traded 643.031 million shares valued at N6.107 billion in 7806 deals against 588.854 million shares valued at N8.960 billion in 8272 deals.
Transactions in the shares of Universal insurance led activity with 141.136 million shares valued at N35.042 million, GTCO Plc followed with account of 42.365 million shares cost N1.360 billion, Japaul Gold traded 37.685 million shares worth N23.280 million, United Bank for Africa sold a total of 31.667 million shares cost N362.033 million while AccessCorps exchanged 25.727 million shares valued at N383.652 million.
