Investors gain N72bn as NGXASI grows further by 0.24%

The Nigerian equity market on Tuesday grew further as the All Share Index appreciated by 0.24% to settle at 54,496.31 points from the previous close of 54,364.67 points.

Investors gained 72 billion as The Market Capitalisation was up by 0.24% to close at N29.683 trillion from the previous close of N29.611 trillion.

An aggregate of 177.9 million units of shares were traded in 3,617 deals, valued at N5.7 billion.

The Market Breadth closed negative as 17 equities appreciated in their share prices against 19 equities that declined in their share prices.

Percentage Gainers

TRIPPLEG led the gainers with 9.49% growth to close at N1.50 and from the previous close of N1.37.

COURTVILLE, CHAMS and GUINNESS among other gainers also grew their share prices by 8.33%, 7.41% and 6.35% respectively.

Percentage Losers

International Energy Insurance led price decliners’ table as it shed 6.20% of its share price to close at N1.21 from the previous close of N1.29.

Livestock Feeds, Unity Bank and FIDSON among other price decliners also shed their share prices by 5.45%, 3.77% and 3.75% respectively.

Volume Drivers

BUAFOOD traded about 50 million units of its shares in 34 deals, valued at about N3.7 billion.

ACCESSCORP traded about 11 million units of its shares in 141 deals, valued at about N104.7 million.

UBA traded about 25 million units of its shares in 133 deals, valued at N214.9 million.

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