By Modupe Gbadeyanka
Trading activities on the floor of the Nigerian Stock Exchange (NSE) remained upbeat today with the All-Share Index (ASI) crossing the 30,000 mark for the first time since it slumped in 2016, Business Post reports.
At the close of transaction on Thursday, the ASI went up by 815.83 absolute points to finish at 30,314.14 absolute points, compared with 29,498.31 absolute points it ended on Wednesday.
Also, the market capitalisation ascended by N282 billion to wrap the day at N10.5 trillion against N10.2 trillion it closed the previous day.
Gains by Mobil Plc and 38 other stocks ensured the market closed the day with 2.77 percent growth, while only 10 equities dropped in value.
Mobil went up by N14.22k to settle at N298.87k per share, Dangote Cement advanced by N8.75k to end at N183.75k per share and Nigerian Breweries added N7.40k to finish at N156.90k per share.
Furthermore, Beta Glass grew by N2.41k to close at N50.70k per share, while Flour Mill appreciated by N1.5k to finish at N22.5k per share.
However, 7up lost N4.73k to finish at N90.4k per share, while Seplat depreciated by N1.98k to close at N350.1k per share.
Also, GTBank declined by 54k to end at N33.47k per share, Oando stumbled by 45k to finish at N8 per share and UACN depressed by 24k to close at N14.75k per share.
Our correspondent reports that at the close of trading activities on the floor of the NSE today, investors exchanged a total of 434 million shares worth N4.6 billion executed in 5,107 deals.
Adedapo Adesanya