Investors gain N43bn as NGXASI grows further by 0.16%

The Nigerian equity market on Tuesday grew as the All Share Index appreciated by 0.16% to settle at 49,709.46 points from the previous close of 49,629.43 points.

Investors gained 43 billion as the Market Capitalisation was up by 0.16% to close at N26.812 trillion from the previous close of N26.769 trillion.

An aggregate of 204 million units of shares were traded in 3,643 deals, valued at N1.64 billion.

The Market Breadth closed negative as 10 equities appreciated in their share prices against 22 equities that declined in their share prices.

Percentage Gainers

CUTIX led the gainers with 7.50% growth to close at N2.15 from the previous close of N2.00.

LASACO, Union Bank of Nigeria and Academy Press among other gainers also grew their share prices by 5.88%, 3.45% and 2.97% respectively.

Percentage Losers

UPDCREIT led price decliners’ table as it shed 9.86% of its share price to close at N3.20 from the previous close of N3.55.

PZ, COURTVILLE and JAPAULGOLD among other price decliners also shed their share prices by 9.27%, 8.93% and 8.11% respectively.

Volume Drivers

FBNH traded about 36.8 million units of its shares in 133 deals, valued at about N396 million.

eTRAZNZACK traded about 30 million units of its shares in just 2 deals, valued at about N68 million.

UBA traded about 20.5 million units of its shares in 206 deals, valued at N143.7 million.

Source: Investors gain N43bn as NGXASI grows further by 0.16% – StocksWatch (

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