Investors gain N472bn as NGXASI grows by 0.75%

The Nigerian equity market on Tuesday closed on positive note as the All Share Index grew by 0.75% to settle at 103,137.99 points from the previous close of 102,370.36 points

Investors gained 472 billion as The Market Capitalisation was up by 0.75% to close at N63.333 trillion from the previous close of N62.861 trillion.

An aggregate of 440 million units of shares were traded in 13,087 deals, valued at N11.97 billion.

The Market Breadth closed positive as 29 equities appreciated in their share prices against 28 equities that declined in their share prices.

Percentage Gainers

MTN Nigeria led the gainers with 10.00% growth to close at N256.30 from the previous close of N233.00.

SCOA, OMATEK and Universal Insurance among other gainers also grew their share prices by 9.93%, 9.88% and 8.70% respectively.

Percentage Losers

Secure Electronic Technology led price decliners’ table as it shed 9.88% of its share price to close at N0.73 from the previous close of N0.81.

ABBEY BUILDING, Sunu Assurance and DEAPCAP among other price decliners also shed their share prices by 9.09%, 8.21% and 7.08% respectively.

Volume Drivers

LASACO traded about 108 million units of its shares in 54 deals, valued at about N338.7 million.

ACCESSCORP traded about 40 million units of its shares in 580 deals, valued at about N1 billion.

UBA traded about 28 million units of its shares in 472 deals, valued at about N945.7 million

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