Nigeria stocks market extends gains, closes 0.09% higher, Tuesday

Trading activities on the floor of the Nigerian Stock Exchange on Tuesday closed in green as the All Share Index grew by 0.09% to close 30,773.57 points from the previous close of 30,745.05 points on Monday.

Market Capitalisation grew by 0.10% to close at N11.476 trillion from the previous close of N11.465 trillion, gaining N11 billion.

Nigeria stocks market extends gains, closes 0.09% higher, Tuesday

The aggregate volume and value of traded stocks grew by 3.62% and 181.20% to close at 190.32 million units and N2.93 billion respectively.

Market Breadth

Market breadth closed positive as 21 stocks gained against 12 stocks that lost.

Percentage Gainers

Nigeria stocks market extends gains, closes 0.09% higher, Tuesday

Beta Glass with 10% growth led the gainers chart, closing at N66 against the previous close of N60.

ABC Transport, Consolidated Hallmark Insurance and Sunu Assurances among other gainers also grew 8.33%, 6.90% and 5.00% of their share prices respectively.

Percentage Losers

Nigeria stocks market extends gains, closes 0.09% higher, Tuesday

A.G Leventis tops the losers’ chart, shedding 6.9% of its share price to close at N0.27 from the previous close of N0.29.

NAHCO, Dangote Sugar and Honeywell Flour among other price decliners also shed 3.77%, 3.23% and 2.44% respectively.

Volume Drivers

Nigeria stocks market extends gains, closes 0.09% higher, Tuesday

  • Guaranty Trust Bank traded about 49.24 million units of its shares which is the highest volume of the day in 174 deals, valued at N1.67 billion.
  • Zenith Bank traded about 20.74 million units of its shares in 327 deals, valued at N473.25 million.
  • FBNH traded about 18.87 million units of its shares in 238 deals, valued at N140.87 million.

 

 

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