Mutual Benefit, FBN Holdings top trades as investors gain N532.1bn » TheNewsBig

The Nigerian capital market continued its bullish run with a 2.02 p.c rise in equity capitalization on the shut of shopping for and promoting on Thursday.

In what was an entire restoration from two consecutive losses recorded earlier throughout the week, the stock market’s equity capitalization rose by N532.15 billion from N26.25 trillion to N26.78 trillion proper now.

The All-Share Index was up by 986.63 basis components to close at 48,675.24 as in the direction of the 49,661.87 achieved on Wednesday.

Within the meantime, investors traded 226.47 million shares valued at N2.76 billion in 3,515 affords on Thursday.

The amount of shopping for and promoting surpassed the 167.56 million shares worth N3.37 billion which exchanged palms in 3,751 affords the day before today.

CWG led the gainers’ file with a ten p.c rise in share price to maneuver from N0.90kobo to N0.99kobo per share.

Be taught Africa gained N0.22kobo to maneuver from N2.25kobo to N2.47kobo per share.

Caverton’s share price was up by N0.10kobo to complete shopping for and promoting with N1.15kobo from N1.05 per share.

Multiverse gained N0.20kobo to close at N2.30kobo above its opening price of N2.10kobo per share.

Chams share traded upward by 8 p.c and rose from N0.25kobo to N0.27kobo per share.

READ ALSO: Investors drop N426bn as Nigeria’s capital market continues dropping streak

Mutual Revenue topped the losers’ desk after shedding 9.68 p.c to drop from N0.31kobo to N0.28kobo per share.

Honeywell’s Flour share price dropped by N0.25kobo to complete shopping for and promoting at N2.72kobo from N2.97kobo per share.

Flour Mills misplaced N2.05 to complete shopping for and promoting with N27 from N29.05kobo per share.

Unity Monetary establishment misplaced 4.76 p.c to drop from N0.42kobo to N0.40kobo per share.

FCMB’s share price dropped from N3.13kobo to N3.02 per share after dropping N0.11kobo all through shopping for and promoting.

Mutual Revenue led the day’s shopping for and promoting with 74.54 million shares valued at N22.83 million.

FBN Holdings provided 23.42 million shares worth N251.88 million.

Entry Corp adopted with 15.84 million shares valued at N130.19 million

UBA traded 15.25 million shares worth N107.07 million, whereas NEM traded 13.48 million valued at N62.12 million.

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