Stock market rises by 0.03%

Transactions on the floor of the Nigerian Exchange on Tuesday closed on a positive note as The All Share Index rose by 0.03% to close at 109,730.47 points from the previous close of 109,697.83 points.

The Market Capitalisation appreciated by 0.03% to close at N68.966 trillion from the previous close of N68.945 trillion, thereby gaining N21 billion.

An aggregate of 497 million units of shares were traded in 18,795 deals, valued at N13 billion.

The Market Breadth closed negative as 31 equities appreciated in their share prices against 32 equities that declined in their share prices.

Percentage Gainers

Regency Alliance, TRIPPLEG and NESTLE led other gainers with 10.00% growth each to close at N0.66, N2.20 and N1,464.10 respectively.

TANTALIZER and MULTIVERSE among other gainers also grew their share prices by 9.88% and 9.60% respectively.

Percentage Losers

BERGER led other price decliners as it shed 9.98% of its share price to close at N21.20 from the previous close of N23.55.

Mutual Benefits and ABC Transport among other price decliners also shed their share prices by 9.80% and 9.77% respectively.

Volume Drivers

Fidelity Bank traded about 60 million units of its shares in 1,277 deals, valued at about N1 billion.

UBA traded about 36 million units of its shares in 828 deals, valued at N1.2 billion.

CUSTODIAN about 36 million units of its shares in 121 deals, valued at about N698.8 million.

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