Investors gain N54bn as NGXASI grows further by 0.20%

The Nigerian equity market on Monday grew further as the All Share Index appreciated by 0.20% to settle at 49,414.96 points from the previous close of 49,316.29 points.

Investors gained 50 billion as The Market Capitalisation was up by 0.20% to close at N26.915 trillion from the previous close of N26.861 trillion.

An aggregate of 76.7 million units of shares were traded in 3,262 deals, valued at N1.3 billion.

The Market Breadth closed positive as 14 equities appreciated in their share prices against 10 equities that declined in their share prices.

Percentage Gainers

THOMAS WYATT Plc led the gainers with 8.77% growth to close at N0.62 from the previous close of N0.57.

International Breweries, PHARMADEKO and Living Trust among other gainers also grew their share prices by 5.81%, 5.00% and 4.90% respectively.

Percentage Losers

PZ led price decliners’ table as it shed 7.26% of its share price to close at N11.50 from the previous close of N12.40.

CHAMS, UPDCREIT and FTN COCOA among other price decliners also shed their share prices by 4.35%, 3.33% and 3.23% respectively.

Volume Drivers

GTCO traded about 16.6 million units of its shares in just 366 deals, valued at about N352 million.

UBA traded about 7.6 million units of its shares in 154 deals, valued at about N55.9 million.

Zenith Bank traded about 3.8 million units of its shares in 224 deals, valued at N90.7 million.

Source: Investors gain N54bn as NGXASI grows further by 0.20% – StocksWatch (

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