Nigerian bourse bounces back, gains 0.45% with a positive breadth


The Nigerian equities market opened the week on a positive note on Monday as the All Share Index grew 0.45percent, adding 175.090 points, to close at 38,844.32 away from the previous close of 38,669.23 points.

The market capitalisation with about N63 billion increase closed at N14.071 trillion as against N14.008 trillion of the previous trading session.

Traded volume grew by 187.19% to settle at 603 million units from the previous close of 210 million units, while the value of traded stocks dropped marginally by 0.001% to settle at N3, 888,436,895.73 billion from N3,888,457,297.98 of the last trading session.


Market Breadth

Trading activities for the day produced 30 gainers and 21 losers, bringing the market breadth to a positive round off


NASCON with 7.14% growth tops the percentage gainers’ chart, followed by other stocks like Diamond Bank and Japaul Oil, which both grew 6.58% and 6.45% respectively


Berger Paint tops the losers chart shedding 5% of its share price; while BOCGAS and Eterna Oil both shed 4.97% and 4.73% respectively



Ikeja Hotel has the highest traded volume and value of about 279 million units and N704 million respectively.


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