Market gains N188bn as NGXASI rises by 0.51%

The Nigerian stock market on Tuesday closed higher as the All Share Index rose by 0.51% to settle at 67,217.77 points from the previous close of 66,876.92 points.

The Market Capitalisation was up by 0.51% to close at N36.930 trillion from the previous close of N36.742 trillion, thereby gaining N188 billion.

An aggregate of 319.9 million units of shares were traded in 6,272 deals, valued at N6.3 billion.

The Market Breadth closed positive as 21 equities appreciated in their share prices against 13 equities that declined in their share prices.

Percentage Gainers

Flourmills of Nigeria led other gainers with 9.93% growth to close at N31.00 from the previous close of N28.20

University Press, CHAMS and GEREGU among other gainers also grew their share prices by 9.81%, 9.37% and 9.05% respectively.

Percentage Losers

VFDGROUP led price decliners’ table as it shed 9.98% of its share price to close at N218.20 from the previous close of N242.40.

ABC Transport and FTN Cocoa among other price decliners also shed their share prices by 9.88% and 3.70% respectively.

Volume Drivers

Fidelity Bank traded about 32 million units of its shares in 179 deals, valued at about N264 million.

GTCO traded about 42 million units of its shares in 429 deals, valued at N1.5 billion.

ACCESSCORP traded about 50.8 million units of its shares in 541 deals, valued at about N838 million.

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