Investors gain N14b as market rises marginally by 0.05%

The Nigerian Stock market on Tuesday closed on a positive note as the All Share Index appreciated marginally by 0.05% to settle at 52,605.41 points from the previous close of 52,579.52 points.

Investors gained N14 billion as market capitalization grew marginally by 0.5% to close at N28.644 from the previous close of N28.630.

An aggregate of 640.97 million units of shares were traded in 5,684 deals, valued at N7 billion

Market Breadth

The market breadth closed positive as 32 stocks gained while 19 stocks declined in their share prices.

Percentage Gainers

CONOIL led other gainers with 10.00% growth, closing at N48.40 from the previous close of 44.00.

MULTIVERSE, JOHNHOLT and CWG among other gainers also grew their share prices by 9.97%, 9.77% and 9.66% respectively.

Percentage Losers

Unity Bank led other price decliners as it shed 9.26% of its share price to close at N0.49 from the previous close of N0.54.

JAPAULGOLD, CUTIX and Nigerian Breweries among other price decliners also shed their share prices by over 8.00% each.

Volume Drivers

ACCESSCORP traded about 129.7 million units of its shares in 791 deals, valued at N1.48 billion.

UBA traded about 91 million units of its shares in 287 deals, valued at N728 million.

FBNH traded about 80.9 million units of its shares in 133 deals, valued at N969.5 million.

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