Market capitalisation increased by N3 billion or 0.01 per cent to close at N26.670 trillion.
Performance was driven by sustained investors’ interest in MTN, First Bank of Nigeria Holdings (FBNH), Zenith Bank, Okumu Oil, among others.
Specifically, the market capitalisation decreased by N196.40 billion to N28.255 trillion from N28.451 trillion posted on Wednesday.
The All-Share Index (ASI) increased by 0.15 per cent to close at 52,917.76 points, compared to the 52,838.45 points recorded on Wednesday.
The selloffs were in stocks of Unity Bank, FCMB, Zenith Bank, NPF Microfinance Bank (NPFMFB), Caverton and Transcorp.
The negative performance was driven by price depreciation in stocks like, Con Oil, Jaiz Bank, Honeywell Flour, Linkage Assurance and WAPIC Plc.
A breakdown of the price movement chart shows that FTNCocoa topped the laggards’ chart in percentage terms shedding 7.89 per cent.
The market capitalisation lost N146 billion to close at N20.278 trillion.
Honeywell Flour was the most active stock, trading 57.49 million shares worth N185.76 million.
The bullish run was influenced by gains in medium and large capitalised stocks.
