The Nigerian stock market extended its bullish trend on Wednesday, with the All Share Index rising 0.69% to close at 55,328.42 points, up from 54,949.21 points the day before.
The market capitalisation increased by 0.69% to N30.140 trillion from N29.934 trillion at the previous close, adding N206 billion.
An aggregate of 149.8 million units of shares were traded in 3,186 deals, valued at N1.5 billion.
The Market Breadth closed positive as 28 equities emerged as gainers against 9 equities that declined in their share prices.
Percentage Gainers
OANDO, STANBIC, and C & I Leasing led other gainers with 10.00% gains to close at N4.40, N37.95, and N3.63, respectively, from previous closes of N4.00, N34.50, and N3.30.
Other gainers included Conoil, MRS, and THE INITAITES, which increased their share prices by 9.98%, 9.66%, and 9.09%, respectively.
Percentage Losers
FTN Cocoa led other price decliners as it shed 6.90% of its share price to close at N0.27 from the previous close of N0.29.
UPDC and JAPAULGOLD among other price decliners also shed their share prices by 4.00% and 3.45% respectively.
Volume Drivers
OANDO traded 14 million shares in 160 transactions totaling N62.6 million.
TRANSCORP traded 11.7 million shares in 94 transactions totaling N14.7 million.
Fidelity Bank traded 10.7 million shares in 106 transactions totaling N53.7 million.
