Investors gain N3bn as market rises by 0.02%

The Nigerian equity market on Tuesday closed on a positive note as the All Share Index grew by 0.02% to settle 28,344.04 points from the previous close of 28,337.49 points.

Investors gained N3bn as Market Capitalisation appreciated by 0.02% to close at N14.815 trillion from the previous close of N14.812 trillion.

An aggregate of 535.83 million units of shares were traded in 4,750 deals, valued at N5.02 billion.

Market Breadth

Market Breadth closed positive as 18 stocks gained against 15 stocks that declined in their share prices.

Percentage Gainers

Eterna Plc led other gainers with 9.77% growth to close at N4.38 from the previous close of N3.99.

International Breweries and Regency Assurance among other gainers also grew their share prices by 9.56% and 9.09% respectively.

Percentage Losers

Etranzact led other price decliners as it shed 9.79% of its share price to close at N2.12 from the previous close of N2.35.

Royal Exchange and Portland Paint among other price decliners also shed their share prices by 7.41% and 6.98% respectively.

Volume Drivers

  • Regency Assurance traded about 245.79 million units of its shares in 14 deals, valued at N49.2 million.
  • Guaranty Trust Bank traded about 100.3 million units of its shares in 391 deals, valued at N3 billion.
  • UBA traded about 32.95 million units of its shares in 356 deals, valued at N220 million.

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