THE Nigerian Equities market’s All-Share Index appreciated by 31 basis points after a two-day loss to peg the Year to Date (YTD) return at 6.88 percent. The market capitalisation, on Thursday, added N46 billion to the market’s worth as it was estimated at N14.669 trillion as against N14.623 trillion from the previous session. The market breadth tightened with 21 gainers to 22 losers, with Dangote Cement leading the former while GlaxoSmithKline leads the latter. At the ending of trading session on Thursday, United Bank for Africa Plc, Fidelity Bank Plc, Guaranty Trust Bank Plc, Access Bank Plc and FBN Holdings top performers in terms of volume while Guaranty Trust Bank Plc, United Bank Plc, Nigerian Breweries Plc, Nestlé Nigerian Plc and Access Bank Plc made up the top five performers in terms of the value of units traded. Overall, gains in the local bourse for the day can be attributed to high cap stocks in the industrial sector.

Source: Nigerian Tribune April 05, 2018 17:30 UTC