The Nigerian equities market on Tuesday closed on a positive note as the All Share Index appreciated by 0.34% to close at 25,335.15 points from the previous of 25,249.96 points on Monday.
Investors gain N44billion as market capitalisation appreciated by 0.33%, closing at N13.216 trillion from the previous close of N13.172 trillion.
An aggregate of 268.74 million units of shares were traded in 4,137 deals, valued at N1.12 billion.
Market Breadth
The market breadth closed negative as 13 equities appreciated in their share prices while 22 equities declined in their share prices.
Percentage Gainers
BOC Gases Plc, Mutual Benefit and Royal Exchange Assurance led the percentage gainers list with 10% growth respectively.
Neimeth Pharmaceuticals and Prestige Assurance among other gainers also grew their share prices by 9.79% and 9.37% respectively.
Percentage Losers
11 Plc (formerly Mobil) led other price decliners, shedding 9.96% of its share price to close at N192.6 from the previous close of N213.90.
Fidson Healthcare, Japaul Oil and Redstar Express Plc among other price decliners also shed their share prices by 7.69%, 7.41% and 6.56% respectively.
Volume Drivers
- Mutual Benefit Assurance traded about 99.45 million units of its shares in 103 deals, valued at N20.86 million.
- FCMB traded about 21.89 million units of its shares in 71 deals, valued at N37.66 million.
- First Bank of Nigeria Holdings (FBNH) traded about 17.92 million units of its shares in 270 deals, valued at N96.59 million.