The All-Share Index also saw a gain of 0.125 percent, or 1,300 points, finishing at 105,530.74, up from 104,230.73 on Wednesday. Analysis indicates that this positive trend was largely fueled by price increases in key stocks such as MTN Nigeria, Zenith Bank, United Bank for Africa (UBA), Oando Plc, and other leading equities. Consequently, the Year-To-Date (YTD) return improved to 2.53 percent.
The market breadth ended positively, with 34 stocks gaining and 25 declining. MTN Nigeria topped the gainers' list, rising by N22 to close at N242.
Honeywell Flour followed with an increase of 82 kobo, closing at N9.11, while Universal Insurance added 7 kobo to finish at 78 kobo per share. Transcorp Hotels gained N11.35, closing at N127.35, and Ikeja Hotel rose by N1.15 to close at N13.50 per share.
Conversely, RT Briscoe led the decliners, losing 26 kobo to close at N2.34. Sunu Assurances followed with a decline of 90 kobo, closing at N8.11 per share. The Initiates Plc dropped 27 kobo to close at N2.52, UPDC Real Estate Investment Trust lost 19 kobo to finish at N1.81, and Guinea Insurance fell by 8 kobo to close at 91 kobo per share.
An analysis of market activities revealed a decrease in trade turnover compared to the previous session, with transaction values down by 48.09 percent.
A total of 481.69 million shares worth N12.82 billion were traded across 12,824 deals, compared to 756.42 million shares valued at N24.69 billion in 13,551 deals during the prior session. Universal Insurance led in trading volume with 97.24 million shares, while Seplat topped the value of transactions at N4.56 billion.