Nigerian Bourse advances further by 0.15%

The Nigerian stocks market on Tuesday closed higher as the All Share Index advanced further by 0.15% to settle at 53,238.67 points from the previous close of 53,157.83 points.

The Market Capitalisation was up by 0.15% to close at N28.998 trillion from the previous close of N28.954 trillion, thereby gaining N44 billion.

An aggregate of 250 million units of shares were traded in 4,328 deals, valued at N5.88 billion.

The Market Breadth closed positive as 29 equities appreciated in their share prices against 18 equities that declined in their share prices.

Percentage Gainers

GEREGU, Living Trust Insurance and Veritas Kapita led other gainers with 10.00% growth each to close at N193.60, N1.98 and N0.22 from the previous close of N176.00, N1.80 and N0.20 respectively.

JOHNHOLT, SCOA and WAPIC among other gainers also grew their share prices by over 9.7%.

Percentage Losers

NCR and CHAMS led price decliners’ table as they shed 10.00% each of their share prices to close at N3.24 and N0.27 from the previous close of N3.60 and N0.30 respectively.

Unity Bank, Royal Exchange and Japaul Gold among other price decliners also shed their share prices by 9.09%, 8.97% and 8.33% respectively.

Volume Drivers

ACCESSCORP traded about 11.6 million units of its shares in 162 deals, valued at about N104.9 million.

Zenith Bank traded about 12.5 million units of its shares in 277 deals, valued at N315 million.

GTCO traded about 14 million units of its shares in 264 deals, valued at about N353.8 million.

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