Investors gain N100bn as NGXASI grows further by 0.35%

The Nigerian equity market on Tuesday grew further as the All Share Index appreciated by 0.35% to settle at 53,270.88 points from the previous close of 53,086.46 points.

Investors gained 100 billion as The Market Capitalisation was up by 0.35% to close at N28.719 trillion from the previous close of N28.619 trillion.

An aggregate of 234.6 million units of shares were traded in 4,232 deals, valued at N2.7 billion.

The Market Breadth closed positive as 16 equities appreciated in their share prices against 15 equities that declined in their share prices.

Percentage Gainers

Global Spectrum Energy Services Plc led the gainers with 10.00% growth to close at N2.75 from the previous close of N2.50.

Jaiz Bank, JAPAULGOLD and Glaxosmith among other gainers also grew their share prices by 7.95%, 6.67% and 5.11% respectively.

Percentage Losers

CUTIX led price decliners’ table as it shed 10.00% of its share price to close at N2.61 from the previous close of N2.90.

CADBURY, FTN COCOA and WAPIC among other price decliners also shed their share prices by 5.93%, 5.56% and 4.76% respectively.

Volume Drivers

TRANSCORP traded about 30.4 million units of its shares in just 117 deal, valued at about N37 million.

UBA traded about 25.8 million units of its shares in 158 deals, valued at about N201 million.

NGXGROUP traded about 18.5 million units of its shares in 56 deals, valued at N460 million.

Source: Investors gain N100bn as NGXASI grows further by 0.35% – StocksWatch (

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