The Nigerian Exchange ended the session on a obvious repeat, including N309 billion in market cost as renewed buying lifted major counters.
The All Fragment Index rose by 489.forty five sides or 0.35 p.c to discontinuance at 142,036.23. Market capitalisation developed to N89.865 trillion.
Positive aspects in medium and gigantic capitalisation names living the tone, with Aradel Holdings, Guinness Nigeria, Dangote Cement, FBN Holdings, and Chellarams amongst the superb drivers.
Market breadth became detrimental no topic the index design, exhibiting a cautious temper. Twenty-six stocks developed whereas thirty-two declined.
Chellarams led the risers with a 9.77 p.c bounce to N14.60. Austin Laz and Firm added 9.67 p.c to N2.95. The Initiates Plc rose 8.08 p.c to N12.97. Sovereign Have faith Insurance climbed 7.37 p.c to N3.06, and Aradel Holdings improved 6.97 p.c to N583.00.
On the laggard side, Guinea Insurance fell 9.70 p.c to N1.49. Cornerstone Insurance shed 8.68 p.c to N6.52. Myth Net declined 7.27 p.c to N5.10. Deap Capital Administration and Have faith misplaced 7.06 p.c to N1.58, whereas Thomas Wyatt Nigeria eased 6.49 p.c to N2.forty five.
Turnover surged as activity broadened at some level of the tape. Total volume jumped 142.09 p.c to 1.005 billion shares, price N24.655 billion, traded in 23,281 deals. Abbey Mortgage Financial institution dominated the chart with 401.065 million shares valued at N2.727 billion.
Fidelity Financial institution adopted with 254.810 million shares price N5.274 billion. United Financial institution for Africa traded 23.221 million shares valued at N1.095 billion.
FBN Holdings posted 22.529 million shares price N699.630 million, whereas Access Holdings recorded 17.476 million shares valued at N473.992 million.
The day’s advance, powered by heavyweight stocks and solid volumes, suggests consumers remain selective but are discovering cost at some level of key sectors even as breadth sides to ongoing revenue taking below the skin.
