The volume of activities on the floor of the Nigerian Exchange on Thursday increased by 543.4% following huge investments in the shares of FBNHoldings, FCMB, AccessCorp Japaul Gold and others.
The volume of transactions rose by 4.596 billion, representing 543.14% as investors traded 5.443 billion shares valued at N95.005 billion in 9948 deals against 846.323 million shares worth N10.305 billion in 9815 deals.
Also, market capitalisation of listed equities also increased by N270 billion, indicating growth of 0.81 per cent to N33.770 trillion from N33.500 trillion reported the previous day.
The NGX All Share Index also appreciated by 496.31 basis points to 62019.88 points from 61523.57 reported on Wednesday.
An analysis of the investment showed that five listed companies recorded 10 per cent gain at the close of transactions on Thursday. Learn Africa, Union Bank of Nigeria, Conoil Plc, MRS and Eterna Plc gained 10 per cent each to close at N3.52 per share, N8.25, N102.30 per unit, N91.30 and N25.85 per share respectively.
On the contrary, Wapic Insurance topped losers chart, declining by 9.59 per cent to N0.66 per share, UPDC trailed with a loss of 9.24 per cent to N1.08 per unit, International Energy Insurance dipped by 9.09 per cent to close at N1.30 per unit, Chellaram down by 8.90 per cent to close at N1.33 per shares, HoneyWell Flour fell by 7.46 per cent to close at N3.35 per unit.
Transactions in the shares of FBNHoldings led market activity with 4.691 billion shares valued at N87.808 billion,, FCMB group followed with account of 126.766 million shares worth N744.090 million, AccessCorp traded 56.481 million shares cost N1.018 billion, Japaul Gold traded 55.246 million shares cost N55.775 million while Transnational Corporation of Nigeria exchanged 49.184 million shares valued at N185.758 million.
