Stock market gains marginally, up by 0.003%

The Nigerian stock market on Tuesday closed marginally higher as the All Share Index (ASI) grew by 0.003% to settle at 47,064.82 points from the previous close of 47,063.28 points on Monday.

Market capitalization grew by 0.004% to close at N25.362 trillion from the previous close of N25.361 trillion, adding just N1 billion.

An aggregate of 247 million units of shares were traded in 5,331 deals, valued at N3.8 billion.

Market Breadth

The market breadth closed positive as 28 equities appreciated in their share prices against 21 equities that declined in their share prices.

Percentage Gainers

Learnafrica led other gainers with 9.70% growth to close at N1.81 from Monday’s close of and N1.65.

MORISON, RTBRISCOE and VERITAS KAPITAL among other gainers also grew their share prices by 9.55%, 9.52% and 9.52% respectively.

Percentage Losers

Berger Paints led price decliners chart as it shed 9.58% of its share price to close at N7.55 from the previous close of N8.35.

Consolidated Hallmark Insurance, Jaiz Bank and International Breweries among other also shed their share prices by 4.62%, 4.29% and 2.86% respectively.

Volume Drivers

Access Bank traded about 55 million units of its shares in 313 deals, valued at about N576.5 million.

GUINNESS traded 16.7 million units of its shares in 580 deals, worth N1.16 billion.

Sterling Bank traded about 13 million units of its shares in 150 deals, valued at about 22.6 million.

Leave a Reply

Your email address will not be published. Required fields are marked *