Market resumes from Easter break bullish, grows by 0.07%

The Nigerian stock market on Tuesday continues its bullish trend after two days of Easter break. The All Share Index grew by 0.07% to settle at 47,545.86 points from the previous close of 47,510.38 points.

The Market Capitalisation appreciated by 0.07% to close at N25.632 trillion from the previous close of N25.613 trillion, thereby gaining N19 billion.

An aggregate of 365.45 million units of shares were traded in 5,790 deals, valued at N7 billion.

The Market Breadth closed negative as 21 equities appreciated in their share prices against 31 equities that declined in their share prices.

Percentage Gainers

MEYER led other gainers with 10.00% growth to close at N1.76 from the previous close of N1.60.

GUINNESS, NPF Microfinance Bank, CADBURY and UNILEVER among other gainers also grew their share prices above 4%.

Percentage Losers

Academy Press led other price decliners as it shed 9.72% of its share price to close at N1.30 from the previous close of N1.44.

JOHNHOLT, JAPAULGOLD and NEIMETH among other price decliners also shed their share prices by 9.30%, 9.09% and 8.23% respectively.

Volume Drivers

Fidelity Bank traded about 33.8 million units of its shares in 272 deals, valued at about N132 million.

ACCESSCORP traded about 24 million units of its shares in just 249 deal, valued at N247 million.

MTN Nigeria traded about 22 million units of its shares in 359 deals, valued at N4.7 billion.

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