The equity market on Tuesday closed on bullish note, occasioned by gain in the share price of Dangote Cement by 2.27%.
The All Share Index appreciated by 0.50% to settle at 38,881.70 points from the previous close of 38,686.40 points. Investors gained N102 billion as Market Capitalisation appreciated by 0.51% to close at N20.266 trillion from the previous close of N20.164 trillion.
An aggregate of 218.5 million units of shares were traded in 3,630 deals, valued at N1.59 billion.
The Market Breadth closed negative as 15 equities appreciated in their share prices against 17 equities that declined in their share prices.
Percentage Gainers
- Okomu Oil led other gainers with 10% growth to close at N106.15 from the previous close of N96.5.
- Learn Africa and Champions Breweries among other gainers also grew their share prices by 9.00% and 4.71% respectively.
Percentage Losers
- CWG led other price decliners as it shed 9.42% of its share price to close at N1.25 from the previous close of N1.38.
- Regency Assurance and FTN Cocoa among other price decliners also shed their share prices by 8.16% and 7.69% respectively.
Volume Drivers
- Courtville traded about 35.82 million units of its shares in 57 deals, valued at N7.25 million.
- Fidelity Bank traded about 26.63 million units of its shares in 140 deals, valued at N60.16 million.
- Zenith Bank traded about 15.25 million units of its shares in 268 deals, valued at N349.3 million.