The Nigerian stock market on Tuesday rebounded with 0.36% growth after two sessions of losses as the All Share Index added 99.710 points to settle at 27,871.90 points from the previous close of 27,772.19 points on Monday.
The Market capitalisation grew by 0.36% to close at N14.516 trillion from the previous close of N14.464 trillion, thereby gaining N52 billion.
Aggregate volume of traded stocks closed at 276 million units, appreciated by 38.03%, from the previous close of 200 million units.
The value of traded stocks also soared by 92.81%, closing at N3.7 billion away from the previous close of N1.9 billion.
Total number of deals at the close of trade was 4,340, down by 8.23% from the previous close of 4,729 deals.
Market Breadth
The Market Breadth closed negative as 13 stocks gained while 17 stocks declined in their share prices.
Percentage Gainers
UAC Nigeria led other price percentage gainers with 9.41% to close at N9.30 from the previous close of N8.50.
Japaul Oil, CADBURY and MTN Nigeria among others also closed their share prices higher at the end of the day’s trading by 8.33%, 4.44% and 4.35% respectively.
Percentage Losers
Skyway Aviation tops price percentage losers, shedding 9.89% of its share price to close at N3.37 from the previous close of N3.74.
CAVERTON, MRS and Sovereign Insurance Plc among other price decliners also shed their share prices by 9.86%, 9.80% and 9.09% respectively.
Volume Drivers
Guaranty traded about 41 million units of its shares in 356 deals, valued at N1.2 billion.
Zenith Bank traded about 30 million units of its shares in 429 deals, valued at N604 million.
UBA traded about 49 million units of its shares in 316 deals, valued at N381million.