The Nigerian equities market returned to a bullish run on the second day of newly extended trading hours, gaining N3.205 trillion.
Market capitalisation of listed equities appreciated by 2.23 per cent to N147.174 trillion from N143.969 trillion it closed on Monday.
The NGX All Share Index also appreciated by 4977.51 basis points to 228579.80 points against 223602.29 reported the previous day.
Although market breadth was negative with 40 decliners against 39 advancers, gains in medium and highly capitalised stocks like Aredel Plc, Wapco and others lifted market activities, bringing year to date return to 46.90 per cent.
A review of trading activities during the day showed that IMG, FTNCocoa and Wapco led gainers table with 10 per cent each to close at N39.60, N5.50 and 324.50 per unit respectively. AustinLaz followed with a gain of 9.71 per cent to close at N3.73 per share, Aradel Plc added 9.52 per cent to close at N1840.00 per unit.
On the contrary, United Bank for Africa topped losers chart, dropping 10 per cent to close at N44.50 per unit, TransExpress trailed with a loss of 9.99 per cent to close at N6.40 per unit, Jaiz Bank down by 8.88 per cent to close at N8.01 per unit, Berger Paint dropped by 8.66 per cent to close at N68.00 per share, Mcnichols declined by 8.18 per cent to close at N6.06 per unit.
Volume of traded went up by 302.732 million, representing 50.02 per cent against 605.230 million reported the previous day. Value of shares rose by 90.141 per cent to settle at N68.238 billion in 72886 deals.
Transactions in the shares of Access Holdings Company led market activities with 219.508 million shares valued at N5.783 billion, Fidelity Bank followed with account of 64.374 million shares cost N1.200 billion, Wema Bank exchanged 49.270 million shares worth N1.748 billion, Linkages Assurance traded 47.524 million shares valued at N76.452 million, Zenith Bank sold 39.846 million shares worth N4.860 billion.
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