NGX: Cadbury Gains As Equity Capitalization Stands At ₦26.32 trillion On Thursday

Last Thursday’s eight hours of trading earned Cadbury a rise in share by N0.85kobo to rise from ₦8.50kobo to ₦9.35kobo per share.

This is as the equity capitalisation up 0.54 percent or ₦143.41 billion at the end of yesterday’s trading activities.

The equity capitalisation for the day stood at ₦26.32 trillion, up from ₦26.18 trillion recorded the previous day, Naija News understands.

Similarly, the All-Share Index was up by 266.01 basis points to close at 48,837.76 compared to 48,571.75 posted on Wednesday.

In their chase for gain, investors yesterday traded 759.64 million shares valued at ₦5.53 billion in 5,032 deals.

Traders increased their demand today, in contrast to the 246.70 million shares worth ₦2.32 billion which exchanged hands in 5,033 deals on Wednesday.

Multiverse led the gainers’ chart with 10 percent increase in share price to move from N0.20kobo to N0.22kobo per share.

Cadbury’s share was up by N0.85kobo to rise from ₦8.50kobo to ₦9.35kobo per share.

TransExpress gained 9.88 percent to move from N0.81kobo to N0.89kobo per share.

CAP gained ₦1.95kobo to end trading with ₦21.90kobo from ₦19.95kobo per share.

Seplat completed the list, gaining ₦100 to close at ₦1200 from ₦1100 per share.

Champion led the losers on Thursday after dropping N0.17kobo to close at ₦2.30 kobo from ₦2.47kobo per share.

FTN Cocoa’s share dropped by 5.13 percent to end trading at N0.37kobo from N0.39kobo per share.

Linkage Assurance share price was down by 3.92 percent to end trading with N0.49kobo from N0.51kobo per share while Courtville’s share depreciated from N0.53kobo to N0.51kobo per share after losing 3.77 percent during trading.

Fidelity Bank completed the list after losing N0.13kobo to drop from ₦3.75kobo to ₦3.62kobo per share.

FCMB led the day’s trading with 503.98 million shares valued at ₦1.76 billion.

Transcorp followed with 36.17 million shares valued at ₦41.85 million.

Honeywell Flour traded 25.06 million shares worth ₦92.81 million.

First Bank sold 16.95 million shares worth ₦201.81 million, while AIICO traded 16.60 million valued at ₦12.52 million.