The Nigerian stock market on Tuesday extended the bullish trend as the All Share Index grew by 0.15% to close at 104,788.35 points from the previous close of 104,630.30 points.
The Market Capitalisation appreciated by 0.15% to close at N64.890 trillion from the previous close of N64.792 trillion, thereby adding N98 billion.
An aggregate of 471.7 million units of shares were traded in 14,600 deals, valued at N19.9 billion.
The Market Breadth closed positive as 38 equities emerged as gainers against 23 equities that declined in their share prices.
Percentage Gainers
Universal Insurance and Redstar Express led other gainers with 10.00% growth each to close at N0.66 and N5.50 from the previous close of 0.60 and N5.00 respectively.
BETAGLASS, Northern Nigerian Flourmills and CHELLARAM among other gainers also grew their share prices by 9.98%, 9.98% and 9.89% respectively.
Percentage Losers
Ikeja Hotel led other price decliners as it shed 9.55% of its share price to close at N9.95 from the previous close of N11.00.
Nem Insurance and Sunu Assurance among other price decliners also shed their share prices by 6.59% and 6.14% respectively.
Volume Drivers
FBNH traded about 83 million units of its shares in 331 deals, valued at N2.4 billion.
Zenith Bank traded about 30 million units of its shares in 769 deals, valued at N1.45 billion.
GTCO traded about 20 million units of its shares in 346 deals, valued at N1.2 billion.
Source: Stock market extends gains, closes by 0.15% higher – StocksWatch
