The All Share Index (ASI) rose by 72.39 points, to close at 24,766.12 against 24,693.73 achieved on Wednesday.
The nation’s bourse commenced trading for August after Sallah break with a growth of 0.30 per cent on renewed bargain hunting.
The uptrend was impacted by gains recorded in large and medium capitalised stocks, among which were Flour Mills,Analysts at United Capital Plc anticipated that the outcome of first half year earnings would continue to spur market reactions this week. GlaxoSmithkline improved by 8.16 per cent to close at N5.30, while Honeywell appreciated by five per cent to close at N1.05 per share.
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