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NGX: Investors make N382.5m amid rush for Guinness, Conoil shares

The Nigerian capital market continued its bullish run on Thursday following the rise in equity capitalization by 1.41 percent at the close of the day’s trading, IgbereTV reports

After eight hours of trading on the floor of the capital market, the equity capitalization rose by N382.5 billion from N27.02 trillion posted on Wednesday to N27.40 trillion today.

Also, the All Share Index rose by 709.54 basis to close at 50, 835.95, up from 50,126.41 recorded the previous day.

Investors parted with N8.30 billion for 462.59 million shares in 6,801 deals on Thursday.

This surpassed the N5.98 billion the investors splashed on 669.29 million shares in 7,251 deals on Wednesday.

Guinness led the gainers with N10 to rise from N100 to N110 kobo per share.

McNichols’ share was up by 10 percent to move from N0.70kobo to N0.77kobo per share.

Nigerian Breweries gained N6.25kobo to move from N62.80kobo to N69.05 per share.

Fidson gained N0.89kobo to end trading with N9.85kobo from N8.96kobo per share

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