The stocks of financial institutions listed on the Nigerian Exchange Limited drove the second day of consecutive gain on the local bourse.
The All-Share index inched up by +0.04 per cent reiterating its previous day’s gain of +0.43per cent to close at 67,353.23 basis points. Similarly, the market capitalisation crossed N37tn to N37.004tn at the close of trading.
Buy pressure in stocks of United Bank for Africa, Eterna, AccessCorp, GTCO, Zenith Bank, Fidelity, Mansard and Eterna were the major drivers of the upward trend.
The day’s transaction volume rose from the previous day’s trading figure of 377.97 million to 397.56 million units of shares valued at N4.66bn traded in 6,165 deals. The number of stocks that traded at the end of the day’s session was 119.
