Investors gain N25bn as stock market rebounds by 0.09% growth

Transactions on the floor of the Nigerian Exchange on Friday closed on a positive note bouncing back to 0.09% growth as the All Share Index closed at 47,569.38 points from the previous close of 47,524.38 points.

Investors closed the day, gaining N25 billion as the Market Capitalisation grew by 0.09% to close at N25.910 trillion from the previous close of N25.885 trillion.

An aggregate of 124 million units of shares were traded in 3,101 deals, valued at N4 billion

The Market Breadth closed positive as 14 equities emerged as gainers while 8 equities declined in their share prices.

Percentage Gainers

Honeywell Flour led gainers’ chart with 9.86% growth, closing at N2.34 and from the previous close of N2.13.

WAPIC, Sovereign Trust Insurance and Livestock Feeds among other gainers also grew it share price by 9.37%, 7.69% and 6.36% respectively.

Percentage Losers

Academy Press led other price decliners as it shed 9.66% of its share price to close at N1.31 from the previous close of N1.45.

CHAMS and Redstar Express among other price decliners also shed their share prices by 7.14% and 6.09% respectively

Volume Drivers

GTCO traded about 35 million units of its share, valued at N607 million.

FBNH traded about 13 million units of its shares, worth about N123 million

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