Nigeria stock market gains N15bn as the world celebrate lovers’ day.

The Nigeria Stock Market rebound on Thursday February 14th coinciding with the day the world set aside to celebrate lovers  as the All Share Index grew 0.12percent, adding 39.770 points, to close at 32,453.69 away from the previous close of 32,413.92 points.

The market capitalisation with about N15 billion increase closed at N12.103 trillion as against N12.088 trillion of the previous trading session.

Traded volume and value of stocks dropped by 10.00% and 12.08% to settle at 423 million units from 470 units and N3.7 billion from N4.2 billion respectively.

Market Breadth

Market breadth for the day closed positive as 22 stocks gained against13 that lost.

Percentage Gainers

LIVESTOCK and ABC Transport with 10.00% growth each, tops the price percentage gainers’ chart. This is Followed by Unity Bank, Unilever and Wema Bank with 9.62%, 682% and 6.74% respectively.

Percentage Losers

Union Bank of Nigeria tops the losers’ chart, losing 8.03% of its share price; while Oando and Dangote Flour both shed 5.17% and 4.57% respectively

Volume Drivers

Zenith Bank traded about 40 million units of its shares in 449 deals, worth about N997 million

 

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