Investors gain N272bn as NGXASI grows by 1.04%

The Nigerian equity market on Friday bounced back from the marginal decline of 0.01% recorded in the last session as the All Share Index grew by 1.04% to settle at 48,154.65 points from the previous close of 47,656.64 points.

Investors gained 272 billion as the Market Capitalisation was up by 1.05% to close at N26.229 trillion from the previous close of N25.957 trillion.

An aggregate of 159.8 million units of shares were traded in 3,080 deals, valued at N5 billion.

The Market Breadth closed positive as 23 equities appreciated in their share prices against 14 equities that declined in their share prices.

Percentage Gainers

THOMAS WYATT NIG. PLC led the gainers with 10.00% growth to close at N0.44 from the previous close of N0.40.

Wema Bank, ARDOVA and PZ among other gainers also grew their share prices by 9.94%, 9.71% and 9.55% respectively.

Percentage Losers

Academy Press led price decliners’ table as it shed 9.35% of its share price to close at N1.26 from the previous close of N1.39.

JAPAULGOLD, NASCON and GEREGU among other price decliners also shed their share prices by 6.90%, 6.54% and 5.68% respectively.

Volume Drivers

FBNH traded about 48 million units of its shares in 143 deals, valued at about N537 million.

MTN Nigeria traded about 14.5 million units of its shares in 187 deals, valued at about N3 billion.

FCMB traded about 13 million units of its shares in 110 deals, valued at N43 million.

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