Investors gain N86bn in another Bullish session, Friday

The Nigerian stock market closed the month of November in green after another bullish session today to make it three gains out of five trading days in the week, as the All Share Index grew by 0.66% to close at 27,002.15 points against the previous close of 26,824.50 points on Thursday.

The market capitalisation grew by 0.66% to settle at N13.033 trillion from the previous close of N12.947 trillion, thereby gaining N86 billion.

Aggregate volume and value of traded stocks closed at 227 million units and N3.6 billion in 3,246 deals.

Market Breadth

The market breadth closed positive as 19 stocks gained while 12 stocks lost.

Percentage Gainers

Unity Bank with 9.23% growth led other gainers to close at N0.71 from the previous close of N0.65

AG Leventis, MTN Nigeria, Wema Bank, Fidelity, Access Bank, Guaranty, Sterling Bank among other gainers also grew their share prices to close the day green.

Percentage Losers

Ikeja Hotel led the decliners, shedding 9.60% of its share price to close at N1.13 from previous close of N1.25

CUTIX, CHAMS and Stanbic among other price decliners shed 8.23%, 7.89% and 4.86% respectively.

Volume Drivers

Zenith Bank traded about 27 million units of its shares in 447 deals, valued at N506 million.

 

 

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