Stock market rises by 0.43%

Transactions on the floor of the Nigerian Exchange on Tuesday closed on a positive note as The All Share Index rose by 0.43% to close at 71,250.17 points from the previous close of 70,946.83 points.

The Market Capitalisation appreciated by 0.43% to close at N38.989 trillion from the previous close of N38.823 trillion, thereby gaining N166 billion.

An aggregate of 433.6 million units of shares were traded in 7,016 deals, valued at N11 billion.

The Market Breadth closed positive as 40 equities appreciated in their share prices against 16 equities that declined in their share prices.

Percentage Gainers

Secure Electronic Technology led other gainers with 10.00% growth to close at N0.77 from the previous close of N0.70.

MULTIVERSE and Sunu Assurance among other gainers also grew their share prices by 9.95% and 9.92% respectively.

Percentage Losers

Abbey Building led other price decliners as it shed 9.88% of its share price to close at N1.55 from the previous close of N1.72.

FTN Cocoa and DAAR Communication among other price decliners also shed their share prices by 9.09% and 8.82% respectively.

Volume Drivers

UACN traded about 61.7 million units of its shares in 78 deals, valued at about N947 million.

UBA traded about 58 million units of its shares in 426 deals, valued at N1.24 billion.

GTCO traded about 23 million units of its shares in 226 deals, valued at about N908 million.

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