MTN Nigeria, Dangote Cement, others keep Nigerian Bourse 2.03% afloa
The Nigerian Bourse on Tuesday experienced yet another bullish close as MTN Nigeria grew its value by 9.99% while Dangote Cement soared by 3.05% among the host of other stocks that made to the gainers chart
The All Share Index grew further by 2.03% to close at 137,912.87 points from Monday’s close of 135,166.51 points.
Investors gained N1.74 trillion as market capitalisation advanced to N87.191 trillion from N85.455 of the last trading session.
An aggregate of 941 million units of shares were traded in 28,358 deals, valued at N30.6 billion.
Market Breadth
The Market Breadth closed positive as 51 equities appreciated in their share prices against 25 that declined in their share prices.
Percentage Gainers
HMCALL, Berger Paints, THOMASWYAT and LEARNAFRICA led other gainers with 10.00% growth each to close above the previous day’s close
ELLAHLAKE and MTN Nigeria grew 9.99% each ahead of other gainers.
Percentage Losers
ABBEYBUILDING and Northern Nigerian Flourmills tops the losers’ chart losing 10.00% each of their share prices, while VITAFOAM, IMG and International Breweries shed their share prices by 9.96%, 9.93% and 7.10% respectively.
Volume Drivers
Fidelity Bank traded about 111 million units of its shares were traded in 806 deals, valued at about 2.3 billion.
Royal Exchange traded about 74 million units of its shares were traded in 195 deals, valued at N111 million.
Jaiz Bank traded about 61 million units of its shares in 692 deals, valued at about N238 million.