Domestic equities achieve N28 billion amid revenue taking

The nation’s equities market returned to a bullish run, gaining N28 billion.

Market capitalisation of listed equities rose by 0.17 per cent to N165.107 trillion from N165.079 trillion reported the day prior to this.

The NGX All Share Index additionally grew by 44.14 foundation factors to 254289.35 factors from 254245.21 factors recorded on Tuesday.

A assessment of buying and selling for the day confirmed that

UPL led gainers desk with 9.52 per cent to shut at N4.60 per unit, Omatek adopted with 8.59 per cent to shut at N1.39 per unit, International Breweries added 6.47 per cent to shut at N9.05 per share, Guinea Insurance gained 5.26 per cent to shut at N0.80 per share, Royal Express gained 5.26 per cent to shut at N1.00.

On the opposite FTG Insurance topped losers chart, declining 10 per cent to shut at N1.53 per unit, Vitafoam Nigeria Plc trailed with a lack of 9.99 per cent to shut at N141.50 per share, UPDC Reit dipped by  9.95 per cent to shut at N19.00 per unit, Abbey Bank down by 8.73 per cent to shut at N5.75 per share, Caverton Business Solutions fell by 7.58 per cent to shut at N3.05 per share.

Volume of trades up by 8.184 million, representing 1.58 per cent as buyers traded 525.44 million shares towards 517.256 million. Value of transactions went down 52.38 per cent to settle at N22.61 billion in 39078 offers.

Transactions within the shares of Zichis led market actions with 127.480 million shares valued at N2.166 billion, AccessCorp adopted with account of 42.594 million shares value N1.133 billion, Chams Plc traded 25.415 million shares valued at N80.185 million, VFGgroup traded 23.240 million shares value N289.942 million whereas International General Insurance exchanged 19.455 million shares value N33.642 million.