Investors gain N21bn as stock market advances by 0.10%

The Nigerian stock market of Friday closed on a bullish note as the All Share Index appreciated by 0.10% to close at 40,868.36 points from the previous close of 40,829.15 points.

Investors gained N21 billion as Market Capitalisation grew by 0.10% to close at N21.296 trillion from the previous close of N21.275 trillion.

An aggregate of 331 million units of shares were traded in 3,986 deals, valued at N2.92 billion.

The Market Breadth closed positive as 23 equities emerged as gainers against 17 equities that declined in their share prices.

Percentage Gainers

University Press led other gainers with 9.72% growth to close at N1.58 from the previous close of N1.44.

Sovereign Trust Insurance and Caverton among other gainers both grew their share prices by 9.09% and 6.33%% respectively.

Percentage Losers

Academy Press led other price decliners as it sheds 7.69% of its share price to close at N0.36 from the previous close of N0.39.

Africa Prudential and Honeywell Flour among other price decliners also shed their share prices by 6.06% and 3.78% respectively.

Volume Drivers

FBNH traded about 154.68 million units of its shares in 629 deals, valued at N1.54 billion.

GTCO traded about 17.33 million units of its shares in 202 deals, valued at N495 million.

Fidelity Bank traded about 13.79 million units of its shares in 135 deals, valued at N35.87 million.

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