Transactions on the floor of Nigerian Exchange NGX on Thursday took upward trend, appreciating by N369 billion as gains in Nestle , GTCO, Aradel lifted trading activities
Market capitalization of listed equities increased by 0.28 per cent to N130.773 trillion from N130.404 trillion reported the previous day.
The NGX All Share Index also appreciated by 576.27 basis points to 203161.81 points from 202585.54 points.
The market rally was driven by gains in the shares of Zenith Bank, United Bank for Africa, Wapco Nigerian Plc, NGX group, Aradel, Nestle Nigeria Plc, GTCO Plc and others.
The trading for the day was mixed with 30 advancers against 30 decliners, bringing year to date return to 30.56 per cent
A review of the investment during the day showed that
Trans Express led gainers table, appreciating by 9.94 per cent to N3.43 per unit, International General Insurance followed with a gain of 9.84 per cent to close at N3.46 per share, UPDCREIT added 9.63 per cent to close at N7.40 per share, Guinea Insurance gained 9.52 per cent to close at N1.15 per unit , Regal insurance increased by 9.18 per cent to close at N1.07 per share.
