The Nigerian equities market on Tuesday closed on a positive note as the All Share Index rose further by 0.49% to settle at 22,727.87 points from the previous close of 22,616.28 points on Monday.
Investors gain about N58 billion as the market capitalisation grew by 0.49% to close at N11.845 trillion from the previous close of N11.787 trillion.
Aggregate volume of traded stocks closed at 266.63 million units, up by 146.60% from the previous close of 108.12 million units.
The value of traded stocks was N2.75 billion, up by 106.56% from the previous close of N1.33 billion.
Total number of deals at the close of trade was 4,259; up by 26.98% from the previous close of 3,354 deals.
Market Breadth
The market breadth closed positive as 18 equities appreciated in their share prices while 10 equities declined in their share prices.
Percentage Gainers
Cornerstone Insurance led other percentage gainers with 9.26% growth, closing at N0.59 from the previous close of N0.54.
LASACO, FCMB and Guaranty Trust Bank among other gainers also grew their share prices by 7.69%, 6.25% and 5.00% respectively.
Percentage Losers
Wapic Insurance led other percentage price decliners, shedding 7.41% of its share price to close at N0.25 from the previous close of N0.27.
Africa Prudential, Caverton and Unilever among other price decliners also shed their share prices by 5.95%, 4.86% and 4.55% respectively.
Volume Drivers
UBA traded about 48.83 million units of its shares in 230 deals, valued at N290.17 million.
First Bank of Nigeria Holdings ( FBNH) traded about 39.12 million units of its shares in N172.74 million.
Access Bank traded about 34.05 million units of its shares in 259 deals, valued N213.75 million.