Unity Bank led other 18 stocks to 0.37% Market upsurge, Thursday

The Nigerian stock market bounced back again to close green for the second time in the week as the All Share Index inched 0.37percent, adding 120.20 points, to close at 32,228.50 away from the previous close of 32,108.30 points.

The market capitalisation with about 44 billion increase closed at N11.766 trillion as against N11.722 trillion of the previous trading session.

Traded volume and value of stocks for the day dropped by 55.54% and 71.56%, arriving at 200 million units and N2.6 billion respectively.

Market Breadth

Trading activities for the day produced 19 gainers and 15 losers, bringing the market breadth to a positive round off

Percentage Gainers

Unity Bank with 9.23% growth tops the percentage gainers’ chart, settling at N0.71 above N0.65 its close on Wednesday.

Other percentage gainers on the chart are Union Bank, First Aluminium and Nem Insurance with 8.16%, 6.06% and 4.84% growth respectively.

Percentage Losers

CCNN tops the losers chart losing 9.88% of its share price, while Pharma-Deko, Flour Mills and Mutual Benefit all shed 9.52%, 9.23% and 8.00% respectively.

Volume Drivers

Access Bank traded the highest volume of about 81 million of its shares in just 85 deals and valued at about N649 million

FBNH traded about 31 million units of its shares in 240 deals, valued at about N235 million


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