The Nigerian Bourse again on Tuesday closed red as the All Share Index declined by 1.22% to close at 29,159.74 points against the previous close of 29,521.06 points.
Market capitalisation declined by 1.23% to close at N10.959 trillion against the previous close of N11.095 trillion on Monday, shedding N136bn.
Volume and Value of traded stocks soared by 87.44% and 278.78% to close at 543 million units and N8.1 billion respectively.
Market Breadth
The market breadth closed positive as 26 stocks gained against 19 stocks that lost
Percentage Gainers
Japaul Oil, CAVERTON and UAC Property, with 10% growth led other gainers to close at N0.33, N2.97 and N1.65 respectively.
Still on the gainers chart are Forte Oil, Dangote Flour, May & Baker and Julius Berger all growing their prices above 9% at the close of trading today.
Percentage Losers
CUTIX tops the percentage losers’ chart, shedding 9.76% of its share price to close at N1.85 from the previous close of N2.05
Goldlink Insurance, CCNN and Unity Bank take a queue behind decliners’ leader, shedding 9.09, 8.79 and 5.88% at the end of today’s trading respectively.
Volume Drivers
Guaranty Bank traded about 41 million units of its shares in 298 deals, valued at about N1.4 billion