Nigerian Bourse advances further by 0.03%

The Nigerian equity market on Wednesday closed on a positive note as the All Share Index appreciated by 0.03% to settle at 30,741.88 points from the previous close of 30,733.47 points.

Market Capitalization appreciated by 0.03% to close at N16.068 trillion from the previous close of N16.064 trillion, which translates to N4 billion gain.

An aggregate of 286.45 million units of shares were traded in 2,889 deals, valued at N3.09 billion.

Market Breadth 

The market breadth closed positive as 12 equities gained while 11 equities declined in their share prices.

Percentage Gainers

Consolidated Hallmark led other gainers with 8.82% growth to close at N0.37 from the previous close of N0.34.

Prestige Assurance, FCMB and AIICO Insurance among other gainers also grew their share prices by 7.41%, 5.17% and 4.82% respectively.

Percentage Losers

Mutual Benefit Assurance led other price decliners as it shed 4.76% of its share price to close at N0.20 from the previous close of N0.21.

Wema Bank, Julius Berger and Glaxosmith among other price decliners also shed their share prices by 3.13%, 2.57% and 1.67% respectively.

Volume Drivers

Access Bank Plc traded about 145 million units of its shares in 321 deals, valued at N1.17 billion.

Zenith Bank Plc traded about 40.62 million units of its shares in 243 deals, valued at N477.85 million.

UBA traded about 17.04 million units of its shares in 142 deals, valued at N130 million.

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