Transactions on the Nigerian Exchange (NGX) gained momentum on Thursday as the volume of shares traded increased by 214.29 percent with the index appreciating by 0.11 percent.
At the end of the day’s transactions, investors traded 570.20 million shares valued at N2.28 billion in 3,764 deals as against a total of 181.42 million shares worth N2.09 billion exchanged in 3,599 deals on Wednesday.
Honey Well Flour was the toast of investors with a turnover of 384.07 million shares valued at N654.16 million.
It was trailed by Vitafoam with an account of 21.37 million shares worth N331.21 million, while FCMB Group sold 13.60 million shares valued at N42.71 million.
Also, the NGX All-Share Index appreciated by 41.60 points or 0.11 per to 39,490.06 points from 39,448.46 points reported on Wednesday.
Consequently, month-to-date gain increased to 2.5 percent, while year-to-date loss moderated to 1.9 percent.
Similarly, the market capitalisation which opened at N20.553 trillion inched higher by N21 billion to close at N20.574 trillion
Honey Well Flour led the gainers’ table in percentage terms, appreciating by 10 percent to N1.87 per share.
Wema Bank followed with 3.95 percent to 79k, while Flour Mills added 3.18 percent to close at N29.90 per share.
Triple G trailed with a loss of 9.28 percent to close at 88k, while Regence Insurance dropped 8.51 percent to 43k per share.
Prestige Insurance was down by 8.33 percent to close at 44k, while Japaul Gold dipped 7.84 percent to close at 47k per share.
