Equities trading on the floor of the Nigerian Stock Exchange (NSE), remained slightly bullish yesterday, as the All Share Index (ASI) marginally headed higher, at 0.09 per cent to close at 30,773.57 points.
Consequently, investors’ wealth increased slightly by N11 billion as market capitalisation rose to N11.475 trillion.
Activity level improved as volume and value traded advanced 3.9 and 181.2 per cent to 190.31 million units and N2.92 billion respectively, in total transactions exchanged in 3,183 deals.
The Insurance index led gainers up 1.0 per cent due to gains in AIICO(+3.1 per cent), while the Oil & Gas index also inched 0.4 per cent following price appreciation in OANDO(+3.1 per cent). Similarly, the Banking and Industrial Goods indices appreciated 0.2 per cent apiece, following gains in GT Bank (+0.7 per cent), Access Bank (+1.6 per cent), and Beta Glass (+10.0 per cent). On the flip side, the Consumer Goods index was down by 0.1 per cent owing to price depreciation in Dangote Sugar (-3.2 per cent) and Honeywell Flour (-2.4 per cent).