The Nigerian Bourse on Tuesday closed significantly positive from the previous trading session as the All Share Index grew 2.08%, settling at 33,114.44 points as against 32,440.27 points of Monday thereby gaining 674.170 points.
Market capitalisation appreciated by N242 billion to close at N12.089 trillion from the previous close of N11.847 trillion implying an increase of 2.04%
The volume of traded stocks advanced by 17.00% closing at 222.9 million units; while value of traded stocks declined by 0.70% to settle at N3.2 billion in 3,327 deals.
Market Breadth
The market breadth for the day closed positive as 26 stocks gained against 20 that lost.
Percentage Gainers
LAWUNION led other percentage gainers closing 10.00% above the previous close of N0.60 to settle at N0.66.
NEIMETH grew 9.68% and First Aluminium grew 8.11% ahead of other stocks that made it to the green table.
Percentage Losers
Livestock Feeds plc tops the losers’ chart losing 8.77% of its share price. This is followed by Japaul Oil, Union Diagnostic and Regency Alliance, all shedding 8.33%, 7.89% and 7.69% respectively.
Volume Drivers
Zenith Bank recorded the highest traded volume of about 43million units, valued at about N923 million in 402 deals.
International Breweries traded about 36 million units of its shares, worth about N1.1 billion for the day.