Market Sustains Bullish Profile

Equity Transaction continued on a bullish note on the Nigerian Stock Exchange yesterday, as more investors took position on some stocks.

The All Share Index rose by 1.08 per cent to close at 22,492.96 points, compared to the increase by 0.60 per cent recorded the preceding day to close at 22,253.71 points.

Market capitalisation gained N76billion to close at N7.18trillion, higher than the appreciation by N42.5billion recorded the preceding day to close at N7.10trillion.

Dangote Sugar Plc led the gainers’ table with 20 kobo or? 5 per cent to close at N4.20 per share, followed by Transcorp Plc with five kobo or? 5 per cent to close at N1.05 per share.

UAC-Properties Plc appreciated by 46 kobo or 4.97 per cent to close at N9.72 per share, while GT Assur Plc gained seven kobo or 4.96 per cent to close at N1.48 per share. University Press Limited rose by 21 kobo or 4.91 per cent to close at N4.49 per share.

On the flip side, Honeywell Flower Mills Plc dropped by 10 kobo or five per cent to close at N1.90 per share, while Japaul Oil Plc dipped by three kobo or 4.62 per cent to close at 62 kobo per share.