Investors gain N54bn as NGXASI grows further by 0.19%

The Nigerian equity market on Friday grew further as the All Share Index appreciated by 0.19% to settle at 50,935.03 points from the previous close of 50,835.95 points.

Investors gained 54 billion as The Market Capitalisation was up by 0.20% to close at N27.460 trillion from the previous close of N27.406 trillion.

An aggregate of 466 million units of shares were traded in 7,442 deals, valued at N5.308 billion.

The Market Breadth closed positive as 44 equities appreciated in their share prices against 14 equities that declined in their share prices.

Percentage Gainers

CAVERTON led the gainers with 10.00% growth to close at N1.32 from the previous close of N1.20.

Champion Breweries, LEARNAFRICA and International Breweries among other gainers also grew their share prices by 9.87%, 9.81% and 9.76% respectively.

Percentage Losers

Living Trust led price decliners’ table as it shed 9.68% of its share price to close at N1.12 from the previous close of N1.24.

CWG, STAMBIC and Ikeja Hotel among other price decliners also shed their share prices by 6.25%, 6.17% and 5.19% respectively.

Volume Drivers

Living Trust traded about 88.6 million units of its shares in just 1 deal, valued at about N99 million.

TRANSCORP traded about 44.5 million units of its shares in 203 deals, valued at about N48 million.

UBA traded about 30 million units of its shares in 286 deals, valued at N111.97 million.

Leave a Reply

Your email address will not be published. Required fields are marked *