By Cynthia Ezekwe
The Nigerian stock market extended the bullish trend on Thursday as the All Share Index appreciated by 0.07 per cent to close at 55,808.25 points, against the previous close of 55,769.28 points.
The Market Capitalisation grew by 0.07 per cent to close at N30.388 trillion from the previous close of N30.367 trillion, thereby adding N21 billion.
A total of 390 million units of shares were traded in 7,725 deals, valued at N5.7 billion.
The Market Breadth closed positive as 30 equities appreciated in their share prices against 20 equities that declined in their share prices.
CONOIL led other gainers chart with a 9.92 per cent growth to close at N63.70; Sterling Bank, Eterna Oil and Cornerstone Insurance among other gainers also grew their share prices by 9.76 per cent, 9.74 per cent and 8.97 per cent respectively.
However, FTN Cocoa led the losers table as it shed 9.88 per cent of its share price to close at N0.73; Champion Breweries and MCNICHOLS among other price decliners also lost their share prices by 9.62 per cent and 9.21 per cent respectively.