Investors’ wealth climbs by N301bn as NGXASI rises by 1.06%

The Nigerian equity market on Thursday rose further as the All Share Index appreciated by 1.06% to settle at 53,151.32 points from the previous close of 52,591.41 points.

Investors’ wealth climbed further by N301 billion as The Market Capitalisation was up by 1.06% to close at N28.654 trillion from the previous close of N28.353 trillion.

An aggregate of 266 million units of shares were traded in 5,501 deals, valued at N5 billion.

The Market Breadth closed positive as 27 equities appreciated in their share prices against 11 equities that declined in their share prices.

Percentage Gainers

Industrial & Medical Gases Nigeria Plc led the gainers with 10.00% growth to close at N11.00 from the previous close of N10.00.

Champion Breweries, Linkage Assurance and Livestock feeds among other gainers also grew their share prices by 9.94%, 9.09% and 7.35% respectively.

Percentage Losers

NPF Microfinance led price decliners’ table as it shed 9.90% of its share price to close at N1.82 from the previous close of N2.02.

UACN, Academy Press and LEARNAFRICA Plc among other price decliners also shed their share prices by 9.69%, 9.59% and 8.89% respectively.

Volume Drivers

TRANSCORP traded about 47 million units of its shares in just 178 deals, valued at about N60 million.

ACCESSCORP traded about 25 million units of its shares in 308 deals, valued at about N248 million.

GTCO traded about 20.7 million units of its shares in 367 deals, valued at N481 million.

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