Bullish sentiments continued in the Nigerian equities market on Thursday underpinned by bargain hunting in Guaranty Trust Holding Company, Dangote Sugar, First Bank of Nigeria Holdings and United Bank for Africa.On the Performance board, Presco and Flour Mills of Nigeria Plc topped the gainers’ list having appreciated in share value by 10.0 per cent, respectively, while Nascon Allied Industries and University Press Limited recorded the most significant losses of the day after their share prices dipped in value by 10.0 per cent and 9.3 per cent, respectively.
Performance across the sectors was broadly positive, as the Banking, Oil & Gas, Insurance and Consumer Goods indices advanced by 3.2 per cent, 1.0 per cent, 0.7 per cent and 0.6 per cent, respectively; while the Industrial Goods index closed flat.
However, activities for the day were unimpressive as analysis of market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 62.86 per cent.
A total of 665.20 million shares valued at N5.54 billion were exchanged in 8,446 deals.
Abbey Mortgage Bank led the volume chart with 362.82 million units traded, while Access Holdings topped the value chart in deals worth N954.62 million.
ALSO READ THESE TOP STORIES FROM NIGERIAN TRIBUNE
Source: