Stock Market declines 0.08%, Tuesday

The trading activities at the floor of the Nigerian stock Market on Tuesday closed lower as the All Share Index dipped by 0.08% to close at 32,417.70 points against 32,444.96 points of the last trading session.

Market capitalization also depreciated by 0.08% to settle at N11.835 trillion against N11.845 trillion recorded on Monday, indicating a loss of N10 billion.

Volume and value of traded stocks grew by 189.29% and 9.43% to settle at 349.5 million units and N1.4 billion respectively.


Market Breadth

20 stocks closed positive against 21 that closed negative, bringing the market breadth to a negative round off.

Percentage Gainers

Cornerstone Insurance led other price percentage gainers closing 10.00% above the previous close of N0.20, to settle at N0.22

CADBURY NIG grew 6.74%, CAP PLC and Dangote Flour gained 5.45% and 5.26% of their share prices ahead of other 16 stocks on the chart

Percentage Losers

Union Diagnostic tops the losers’ chart losing 9.68% of its share price, while First Aluminium and RT BRISCOE shed 9.52% each.

Volume Drivers

Royal Exchange traded the highest volume of about 231 million units of its shares, worth about N48 million.

Guaranty traded about 12 million units of its shares in 142 deals, valued at about N450 million



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