Investors gain N11bn as NSEASI rose further by 0.07%, Friday

The Nigerian stock market since the beginning of this year 2020 has not recorded any loss. At the close of trade on Friday, the market again closed on a positive note, hitting 7 straight days of gain in year 2020. The All share Index on Friday grew by 0.07% to close at 29,415.39 points from the previous close of 29,395.57 points on Thursday.

 

Market capitalisation closed at N15.175 trillion, gaining N11 billion from the previous close of N15.164 trillion.

Aggregate volume of traded stocks closed at 280.92 million units, valued at N4.8 billion in 5,189 deals.

 

Market Breadth

The market Breadth closed negative as 11 stocks gained while 26 stocks declined in their share prices.

 

Percentage Gainers

Investors gain N11bn as NSEASI rose further by 0.07%, Friday

Okomu Oil Palm led the gainers’ list with 10% growth, closing at N66 away from the previous close of N60.00.

C&I Leasing, UACN and Livestock Feeds among other gainers also grew their share prices by 9.76%, 9.63% and 9.26% respectively.

Percentage Losers

Investors gain N11bn as NSEASI rose further by 0.07%, Friday

Union Diagnostics, Courtville and Cornerstone Insurance among other price decliners shed their share prices by 9.09%, 8.00% and 7.94% respectively.

 

Volume Drivers

  • Access Bank traded about 45.2 million units of its shares in 387 deals, valued at about N497.38 million.
  • Zenith Bank traded about 29.2 million units of its shares in 508 deals, valued at N640.66 million.

 

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