The Nigeria’s domestic equity market Wednesday sustained growth trend, appreciating by N600 billion bears continue to dominate trading during the day.
Market capitalisation of listed equities appreciated by 0.46 per cent to N129.809 trillion from N855.414 trillion it closed the previous day.
The NGX All Share Index also increased by 415.75 basis points to 201703.55 points from 201287.78 points reported on Tuesday.
The market rally was sustained by gains recorded in the shares of GTCO Plc, Zenith Bank, AccessCorp, PZ and among others.
The market breath was negative with 22 advancers and 41 decliners , bringing year to date return to 29.62 per cent
The trading result showed that UPDReit led gainers table with 10 per cent to close at N7.70 per unit, International General Insurance followed with a gain of 9.91 per cent to close at N3.55 per unit, RTBriscoe gained 8.81 per cent to close at N10.50 per share, Mutual Benefits added 7.58 per cent to close at N4.40 per unit, Zenith Bank up by 7.52 per cent to close at N103.00 per share.
On the contrary, Omatek and Nestle Nigeria Plc topped losers chart, dropping by 10 per cent each to close at N1.98 and N3055.50 respectively.
FTNCocoa trailed with a loss of 9.97 per cent to close at N5.33 per share, Chams Plc dipped by 9.79 per cent to close at N3.96 per unit, May and Baker declined by 9.74 per cent to close at N34.30 per share, Sovereign Trust Insurance fell by 9.22 per cent to close at N1.97 per unit.
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