Stock market advances by 0.27%

The Nigerian stock market on Wednesday advanced marginally as the All Share Index grew by 0.27%, closing at 145,323.87 points from the previous close of 144,928.36 points.

Investors gained N253 billion as the Market Capitalisation appreciated by 0.27% to close at N92.629 trillion from the previous close of N92.376 trillion.

An aggregate of 2.25 billion units of shares were traded in 21,513 deals, valued at N20.9 billion.

The Market Breadth closed positive as 30 equities emerged as gainers against 16 equities that declined in their share prices.

Percentage Gainers

GUINNESS led other gainers with 10.00% growth, closing at N198.00 from the previous close of N180.00

NCR, NGXGROUP and MULTIVERSE among other gainers also grew their share prices by 9.98%, 9.96% and 9.95% respectively.

Percentage Losers

VERITAS KAPITAL led other price decliners as it shed 4.47% of its share price to close at N1.71 from the previous close of N1.79.

LASACO and Prestige Assurance among other price decliners also shed their share prices by 3.77% and 3.03% respectively.

Volume Drivers

ACCESSCORP traded about 54 million units of its shares in 1104 deals, valued at N1.12 billion.

Zenith Bank traded about 53 million units of its shares in 1216 deals, valued at about N3 billion.

GTCO traded about 35 million units of its shares in 889 deals, valued at N3 billion.

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