Investors gain N195bn as market advances by 0.95%

The equity market on Friday closed on a positive note as the All Share Index appreciated by 0.95% to settle at 39,834.42 points from the previous close of 39,461.20 points.

Investors gained N195 billion as Market Capitalisation appreciated by 0.94% to close at N20.847 trillion from the previous close of N20.652 trillion.

An aggregate of 328.385 million units of shares were traded in 4388 deals, valued at N3.1 billion.

The Market Breadth closed firm as 23 equities appreciated in their share prices against 23 equities that declined in their share prices.

Percentage Gainers

Regency Assurance led other gainers with 10% growth to close at 33 kobo from the previous close of 30 kobo.

Consolidated Hallmark Insurance and Royal Exchange Plc among other gainers also grew their share prices by 8.33% and 8.16% respectively.

Percentage Losers

NCR Nigeria Plc led other price decliners as it shed its share price by 9.92% to close at N2.27 from the previous close of N2.52.

Greif Nigeria Plc and Honeywell Flour among other price decliners also shed their share prices by 9.70% and 9.38%.

Volume Drivers

  • FBNH traded about 95.285 million units of its shares in 663 deals, valued at N641.158 million.
  • Access Bank traded about 44.33 million units of its shares in 312 deals, valued at N327.3 million.
  • UBA traded about 22.153 million units of its shares in 180 deals, valued at N161.26 million.

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