Stock market closes bullish, up by 0.02%

The Nigerian stock market on Monday close bullish as the All Share Index was up by 0.02% to close at 102,370.36 points from the previous close of 102,353.68 points.

The Market Capitalisation grew by 0.02% to close at N62.861 trillion from the previous close of N62.851 trillion, thereby adding N10 billion.

An aggregate of 1.3 billion units of shares were traded in 13,891 deals, valued at N17.7 billion.

The Market Breadth closed positive as 32 equities emerged as gainers against 26 equities that declined in their share prices.

Percentage Gainers

CAVERTON led other gainers with 10.00% growth to close at N2.42 from the previous close of 2.20.

WAPIC, SCOA and UPDC among other gainers also grew their share prices by 9.91%, 9.68% and 9.52% respectively.

Percentage Losers

EUNISELL led other price decliners as it shed 9.99% of its share price to close at N14.06 from the previous close of N15.62.

JOHNHOLT, Secure Electric Technology and Honeywell Flour among other price decliners also shed their share prices by 9.63%, 8.99% and 7.58% respectively.

Volume Drivers

AIICO Insurance traded about 22 million units of its shares in 258 deals, valued at N36.9 million.

University Insurance traded about 31 million units of its shares in 230 deals, valued at N21 million.

OANDO traded about 20 million units of its shares in 1,351 deals, valued at N1.48 billion.

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