Stock market rises by 0.21%

Transactions on the floor of the Nigerian Exchange on Thursday closed on a positive note, driven by growth in the share prices of 24 stock on the green table.

The All Share Index rose by 0.21% to close at 96,408.22 points from the previous close of 96,203.65 points.

The Market Capitalisation appreciated by 0.21% to close at N55.379 trillion from the previous close of N55.261 trillion, thereby gaining N118 billion.

An aggregate of 967 million units of shares were traded in 9,851 deals, valued at N7.4 billion.

The Market Breadth closed positive as 27 equities appreciated in their share prices against 23 equities that declined in their share prices.

Percentage Gainers

OANDO led other gainers with 9.98% growth to close at N69.95 from the previous close of N63.60.

Julius Berger and Cornerstone Insurance among other price decliners also shed their share prices by 9.97% and 9.88% respectively.

Percentage Losers

SCOA led other price decliners as it shed 9.79% of its share price to close at N1.75 from the previous close of N1.94.

JAPAULGOLD and TANTALIZER among other price decliners also shed their share prices by 7.41% and 6.76% respectively.

Volume Drivers

Consolidated Hallmark Holdings traded about 506 million units of its shares in 61 deals, valued at about N673 million.

FBNH traded about 64 million units of its shares in 294 deals, valued at N1.4 billion.

ACCESSCORP traded about 46 million units of its shares in 423 deals, valued at about N890 million.

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