Investors gain N28bn as NGXASI inches up by 0.15%

Transactions on the floor of the Nigerian Exchange (NGX) on Tuesday closed on a positive note as the All Share Index appreciated by 0.15% to settle at 37,640.75 points from the previous close of 37,585.25 points.

Investors gained N28 billion as the Market Capitalisation grew by 0.14% to close at N19.621 trillion from the previous close of N19.593 trillion.

An aggregate of 229 million units of shares were traded in 3,678 deals, valued at N2.73 billion.

The Market Breadth closed positive as 28 equities appreciated in their share prices against 13 equities that declined in their share prices.

Percentage Gainers

Linkage Assurance and Ikeja Hotel led other gainers with 10% growth to close at N0.77 and N1.21 respectively.

Cadbury and Honeywell Flour among other gainers also grew their share prices by 9.62% and 9.46% respectively.

Percentage Losers

Jaiz Bank led other price decliners as it shed 5.17% of its share price to close at N0.55 from the previous close of N0.58.

Veritas Kapital Assurance and Unity Bank among other price decliners also shed their share prices by 4% and 3.64% respectively.

Volume Drivers

FCMB traded about 40.70 million units of its shares in 74 deals, valued at N133.66 million.

Custodian Investment traded about 15.81 million units of its shares in 29 deals valued at N95.69 million.

Guaranty Trust Holding Company traded about 13.43 million units of its shares in 286 deals, valued at N401 million.

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