Nigerian Bourse rebounds, gains 0.19%, Monday

Market extends bullish run to four straight sessions, Wednesday

After four straight losing sessions, Nigerian Stocks market closed 0.19% higher as the All-Share Index advanced by 61.810 points to settle at 32,444.96 points, away from the previous close of 32,383.15 points.

Market capitalization grew by 0.19% to stand at N11.845 trillion, from N11.822 trillion its last close, adding a total of N23 billion.

Volume and value of shares traded declined by 27.50% and 9.93%, arriving at 120 million units and N1.3 billion respectively.

Market Breadth

16 stocks closed positive against 11 that closed negative thereby, bringing the market breadth to a positive round off.

Percentage Gainers

Unity Bank tops percentage gainers list with 9.09% to close at N0.96 from N0.88. This is followed by NEIMETH, Mutual Benefit and CAVERTON, all gained 8.47%, 7.69% and 7.61% respectively.

Percentage Losers

JOHNHOLT led the price percentage losers’ chart, losing 9.43% of its share price. Also on the red are Guinea Insurance, AIICO and PRESCO, all shedding 9.38% 6.02% and 5.66% respectively.

Volume Drivers

Guaranty is the most actively traded stock for the day, having traded about 21.5 million units of its share, valued at about N788.5 million in 181 deals






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