Transcorp led 20 other gainers as market gains N4bn

Trading activities on the floor of the Nigerian Stock Exchange on Thursday closed in green as the All Share Index grew by 0.04% to close at 29,171.73 points from the previous close of 29,159.74 points on Tuesday.

Market capitalisation closed at N10.963 trillion against the previous close of N10.959, gaining N4 billion.

Aggregate volume of traded stocks for the day was 279.62 million units, valued at N2.82 billion in 4836 deals.

Market Breadth

The market breadth closed negative as 21 stocks gained against 26 stocks that lost.

Percentage Gainers

Transcorp with 9.91% growth led other gainers to close at N1.22 from the previous close of N1.11.

Japaul Oil, FCMB and Mobil among other gainers also grew their share prices by 9.09%, 5.95% and 5.08% respectively.

Percentage Losers

Afromedia, Academy Press and Law Union & Rock Insurance among other price decliners shed 10%, 9.09% and 8% of their share prices respectively.

Volume Drivers

Dangote Flour traded about 23.64 million units of its shares in 629 deals, valued at about N450 million.

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