The Nigerian stock market extended its rally for a fifth consecutive session on Thursday, adding N240 billion to its market capitalization. The market capitalization increased to N68.652 trillion, representing a 0.35% increase.
The All-Share Index rose by 382.13 points, or 0.35%, to close at 109,231.96. This bullish trend was fueled by continued investor interest in medium and large-capitalized stocks across key sectors.
On the price movement chart, 38 stocks recorded price appreciation against 21 decliners.
Top gainers included Beta Glass, which soared by 10% to N160.65, and Chellaram, which grew by 10% to close at N9.46 per share.
A total of 554,069 million shares worth N14.35 billion were exchanged across 16,704 transactions.
Fidelity Bank topped the activity chart with 69.76 million shares worth N1.41 billion.
Other notable gainers included International Energy Insurance, which gained 9.93% to finish at N1.66, and May and Baker, which increased by 9.78% to close at N10.10 per share.
Top losers included Abbey Mortgage Bank, which declined by 10% to close at N7.47, and Livestock Feeds, which dropped by 9.77% to settle at N7.85 per share.
