The Nigerian stock market on Tuesday closed positive as the All Share Index advanced by 0.58 percent, adding 204.850 points, to close at 35,516.21 away from the previous close of 35,311.36 points.
The market capitalisation with about N75 billion increase, representing 0.58 percent growth closed for the day at N12.966 trillion as against N12.891 trillion of the previous trading session
The volume and value of traded stock appreciated by 89.97% and 172.34% to settle at 339.6 million units and N5.5 billion respectively.
Market Breadth
Trading activities for the day produced 33 gainers and 16 losers, thereby bringing the market breadth to a positive round off
Percentage Gainers
Portland Paint with 9.72% growth tops the percentage gainers’ chart, followed by Jaiz Bank, CAVERTON and May and Baker, which grew 9.62%, 9.60% and 9.21% respectively.
Percentage Losers
Ikeja Hotel tops the losers chart shedding 9.92% of its share price; while Law Union and NPF Microfinance Bank both shed 9.88% and 9.38% respectively
Volume Drivers
Consolidated Hallmark Insurance recorded the highest traded volume of about 99.9 million units; while Stanbic traded about 72.9 million units, valued at about N3.6 billion and Zenith traded about 7.4 million in 289 deals, valued at about N164.9 million.