• Saturday, February 24, 2024
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Equities market closes higher by 0.11%

Mixed sentiments trial stocks despite positive start to new week

Nigeria’s equities market rose by 0.11 percent on Thursday, thanks to NNFM, Mecure, ETI and other top advancers on the Nigerian Bourse.

The Nigerian Exchange Limited (NGX) All-Share Index (ASI) increased to 71,365.25 points while the value of listed stocks on the Nigerian Bourse rose to N39.32.trllion.

GTCO, Transcorp and FBN Holdings shares were actively traded as investors in 6,516 deals exchanged 540,085,654 shares worth N10.243billion.

Read also: Equities market opens week on negative note

NNFM rallied most from 32 to N35.20, up by N3.20 or 10percent. Thomas Wyatt rose from N2.08 to N 2.28, adding 20kobo or 9.62 percent. Mecure increased from N11 to N12, up by N1 or 9.09 percent.

Also, Champion Breweries increased from N3.25 to N3.50, adding 25kobo or 7.69 percent, while ETI moved from N16 to N17, adding N1 or 6.25 percent.