The Nigerian stock Market on Wednesday extends its growth with Nigerian Breweries leading the green table, trailed by 25 other stocks on the chart as the all share index soared by 0.64% to close the day at 32,614.05 points as against 32,406.18 points of Tuesday.
Market capitalisation advanced by N77 billion or 0.64% to settle at N12.162 trillion away from N12.085 trillion of the last trading session.
Other market indicators closed higher as the aggregate Volume and value of traded stock grew by 22.65% and 35.63% to arrive at 443 million units and N5.6 billion respectively.
Market Breadth
26 stocks closed positive against 16 that lost bringing the market breadth to a positive round off.
Percentage Gainers
Nigerian Breweries led other percentage gainers, closing 10.00% above the previous close of N75.00 to settle at N82.50
CAVARTON grew 9.25% while Jaiz Bank and Prestige Assurance grew 8.92% and 8.00% respectively.
Percentage Losers
Goldlink Insurance tops the losers’ chart losing 9.43% of its share price. This is followed by CUSTODIAN, Africa Prudential and Unity Bank, all shedding 6.87%, 4.58% and 3.88% respectively.
Read Also: NSE lifts suspension on Goldlink Insurance Plc
Volume Drivers
Guaranty traded about 37 million units, worth about N1.4 billion in 323 deals.