The Nigerian equity market on Tuesday bounced back from two sessions of loses as the All Share Index grew by 0.46% to settle at 108,762.60 points from the previous close of 108,261.47 points.
Investors gained N314 billion as the Market Capitalisation was up by 0.46% to close at N68.357 trillion from the previous close of N68.043 trillion.
An aggregate of 498 million units of shares were traded in 14,916 deals, valued at N10.78 billion.
The Market Breadth closed positive as 40 equities appreciated in their share prices against 24 equities that declined in their share prices.
Percentage Gainers
OANDO and CHELLARAM led the gainers with 10.00% growth each, closing at N49.50 and N11.44 respectively.
TRANSCORP, BETAGLASS and CAVERTON among other gainers also grew their share prices by 9.99%, 9.96% and 9.85% respectively.
Percentage Losers
HMCALL led price decliners’ table as it sheds 9.85% of its share price to close at N4.21 from the previous close of N4.67.
Academy, UPDC and ABC Transport among other price decliners also shed their share prices by 7.33%, 6.25% and 6.13% respectively.
Volume Drivers
ACCESSCORP traded about 37 million units of its shares in 888 deals, valued at about N784 million.
GTCO traded about 32 million units of its shares in 477 deals, valued at about N2 billion.
Fidelity traded about 23 million units of its shares in 530 deals, valued at about N470 million.