Unity Bank led other 32 stocks in an all green market

The Nigerian stock market on Tuesday closed positive advancing by 0.63% as the All Share Index grew by 0.63% closing at 40,788.68 points, as against the previous close of 40,533.37 points on Monday.

As a result, investors gained about N92 billion as market capitalization advanced to N14.733 trillion.

Trading  activities were upbeat as volume and value traded grew 732.4% and 248.88% to settle at 1.6 billion units and N10.9 billion respectively.

Market Breadth

33 stocks closed positive against 18 that lost, bringing the market breadth to a positive round up.

Percentage Gainers

Unity Bank led other percentage gainers closing 9.48% above the previous close of N1.16 to settle at N1.27. Oando grew 9.27% and 9.09% ahead other stocks like GSK, Julius Berger and Regency Alliance Insurance.

Percentage Losers

C&I Leasing and Fidson top the losers’ chart both losing 5% of their share price, while AG Leventis and Sterling Bank both shed 4.84% and 4.71% respectively.

Volume Drivers

FCMB has the highest traded volume, trading about 952 million units of its share.

The most actively traded stock of the day is UBA, trading about 382million units of its shares in 323 deals, worth about N4.2 billion.



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