Nigerian Bourse dips further by 0.21%, Tuesday

Trading activities on the floor of the Nigerian Stock Exchange on Tuesday closed in red as the All Share Index fell further by 0.21% to close at 26,809.92 points against the previous close of 26,866.41 points on Monday.

Market capitalisation closed at N13,051 trillion, shedding N27 billion from the previous close of N13.078 trillion on Monday.

Aggregate volume of traded stocks closed at 185.94 million units, valued at N2.54 billion in 3,083 deals.

Market Breadth

The market breadth closed negative as 12 stocks gained while 14 stocks declined in their share prices.

Percentage Gainers

Nascon Allied Industries led the gainers’ list with 10.00% growth to close at N14.85 from the previous close of N13.50.

NPF Microfinance Bank and Forte Oil among other gainers also gained 9.09% and 6.08% respectively.

 

Percentage Losers

Champions Breweries, Courteville and Learn Africa among other price decliners shed 9.57%, 9.09% and 8.93% respectively.

Volume Drivers

Zenith Bank traded about 60.92 million units of its share, valued at N1.096 billion in 546 deals.

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