Cadbury led 18 other gainers as market grew by 0.13%

The Nigerian equities market on Thursday closed in green as the All Share Index grew marginally by 0.13%, closing at 26,824.50 points from the previous close of 26,790.10 points on Wednesday.

The market capitalisation closed at N12.947 trillion, gaining N17 billion from the previous close of N12.930 trillion on Wednesday.

Aggregate volume of traded stocks closed at 303.8 million units, valued at N1.72 billion in 3,151 deals.

 

Market Breadth

The market breadth positive firm as 19 stocks gained while 13 stocks declined in their share prices.

 

Percentage Gainers

Cadbury led 18 other gainers with 10% growth to close at N9.90 from the previous close of N9.00.

Cutix Plc, Glaxosmith and Union Diagnostics among other gainers also grew their share prices by 9.72%, 9.65% and 9.09% respectively.

Percentage Losers

C&I Leasing, Jaiz Bank and Livestock Feeds among other price decliners shed their share prices by 9.85%, 8.70% and 7.27%.

Volume Drivers

Law Union & Rock Insurance traded about 151.7 million units of its shares in 11 deals, valued at N91.3 million.

UBA traded about 20.36 million units of its shares in 240 deals, valued at N142.6 million.

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