Investors gain N47bn as NGXASI grows further by 0.17%

The Nigerian equity market on Friday grew further as the All Share Index appreciated by 0.17% to settle at 51,705.61 points from the previous close of 51,618.73 points.

Investors gained 47 billion as The Market Capitalisation was up by 0.17% to close at N27.875 trillion from the previous close of N27.828 trillion.

An aggregate of 156 million units of shares were traded in 4,312 deals, valued at N1.8 billion.

The Market Breadth closed negative as 12 equities appreciated in their share prices against 18 equities that declined in their share prices.

Percentage Gainers

Champion Breweries led the gainers with 10.00% growth to close at N3.74 and from the previous close of N3.40.

JOHNHOLT, MAY & BAKER and INTERNATIONAL BREWERIES among other gainers also grew their share prices by 8.62%, 8.47% and 5.26% respectively.

Percentage Losers

LIVESTOCK FEEDS led price decliners’ table as it shed 9.09% of its share price to close at N1.40 from the previous close of N1.54.

Redstar Express, Unity Bank and COURTVILLE among other price decliners also shed their share prices by 8.64%, 8.16% and 6.00% respectively.

Volume Drivers

Oando traded about 19 million units of its shares in 292 deals, valued at about N110 million.

ACCESSCORP traded about 9 million units of its shares in 159 deals, valued at about N85 million.

UBA traded about 9 million units of its shares in 162 deals, valued at N66.7 million.

Source: Investors gain N47bn as NGXASI grows further by 0.17% – StocksWatch (

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