Investors gain N571bn as market rises further by 3.71%

Trading activities on the floor of the Nigerian Stock Exchange closed on a positive as the All Share Index appreciated further by 30,530.69 points from the previous close of 29,437.60 points.

Investors gain N571 billion as Market Capitalisation grew by 3.71% to close at N15.958 trillion from the previous close of N15.387 trillion.

An aggregate of 807.81 million units of shares were traded in 8,113 deals, valued at N10.50 billion.

Market Breadth 

The market breadth closed positive as 43 equities gained while 11 equities declined in their share prices.

Percentage Gainers

AXA Mansard, CAP, International Breweries, Northern Nigeria Flour Mills (NNFM), Fidson and Nestle emerged as gainers with 10% growth respectively.

Mobil (11Plc), Sterling Bank and BUA Cement among other gainers also grew their share prices by 9.98%, 9.94% and 9.90% respectively.

Percentage Losers

Prestige Assurance led other price decliners as it shed 10% of its share price to close at N0.54 from the previous close of N0.60.

Omatek Ventures and NAHCO among other price decliners also shed their prices by 7.69% and 5.41% respectively.

Volume Drivers

UBA traded about 108.55 million units of its shares in 472 deals, valued at N816.69 billion.

Fidelity Bank traded about 94.74 million units of its shares in 302 deals, valued at N120.47 million.

FBNH traded about 89.55 million units of its shares in 406 deals, valued at N581.46 million.

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