The Nigerian Exchange extended its positive run on Thursday, adding N143bn in market value, largely supported by strong performances from Guinness Nigeria Plc, Eunisell Interlinked Plc, and Regency Alliance Insurance Plc.
By the close of trading, the market capitalisation rose from N89.89tn to N90.03tn, while the All-Share Index advanced by 0.16 per cent to 142,263.12 points.
Guinness led the gainers, surging by 9.79 per cent to close at N46.65 per share. Eunisell Interlinked and Regency Alliance Insurance also posted notable gains, climbing 9.60 per cent and 9.38 per cent respectively. Other stocks that saw upward movement included Sovereign Trust Insurance and Consolidated Hallmark Holdings.
On the flip side, Royal Exchange topped the losers’ chart, falling by 9.86 per cent to N0.64 per share. Associated Bus Company and Daar Communications also saw sharp declines, alongside Deap Capital Management and African Alliance Insurance.
Despite the market closing in the green, trading activity slowed. Total share volume declined by 44.07 per cent to 377.75 million units, down from 675.37 million in the previous session. Similarly, the total value of transactions dropped by 23.47 per cent to N7.46bn.
Financial stocks remained the most actively traded, with Access Holdings leading in both volume and value. Zenith Bank, Fidelity Bank, FBN Holdings, and United Bank for Africa also featured prominently in the day’s trades.
