Investors gain N52bn as market advances by 0.25%

Transactions on the floor of the Nigerian Exchange closed on a positive note as the All Share Index appreciated by 0.25% to settle at 39,481.89 points from the previous close of 39,382.96 points.

Investors gained N55 billion as Market Capitalisation grew by 0.25% to close at N20.579 trillion from the previous close of N20.527 trillion.

An aggregate of 219.55 million units of shares were traded in 4,107 deals, valued at N2.918 billion.

The Market Breadth closed positive as 19 equities appreciated in their share prices against 14 equities that declined in their share prices.

Percentage Gainers

  • Eterna Plc led other gainers with 10% growth, closing at N6.6 from the previous close of N6.0.
  • Regency Assurance and NEM Insurance among other gainers also grew their share prices by 9.68% and 9.47% respectively.

Percentage Losers

  • Academy Press led other price decliners as it shed its share price by 10% to close at N0.36 from the previous close of N0.40.
  • Linkage Assurance and Japaul Gold among other price decliners also shed their share prices by 8.00% and 6.78% respectively.

Volume Drivers

  • Zenith Bank traded about 32.028 million units of its shares in 499 deal, valued at N754.94 million.
  • Access Bank traded about 28.76 million units of its shares in 277 deals, valued at N243.79 million.
  • Fidelity Bank traded about 19.67 million units of its shares in 122 deals, valued at about N46.3 million.

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