Investors gain N73bn as NGXASI rebounds by 0.28%

The Nigerian equity market on Wednesday bounced back from 0.09% decline of Tuesday as the All Share Index grew by 0.28% to settle at 48,988.04 points from the previous close of 48,853.54 points.

Investors gained N73 billion as the Market Capitalisation was up by 0.27% to close at N26.682 trillion from the previous close of N26.609 trillion.

An aggregate of 88 million units of shares were traded in 2,832 deals, valued at N1.675 billion.

The Market Breadth closed positive as 16 equities appreciated in their share prices against 12 equities that declined in their share prices.

Percentage Gainers

Redstar Express led the gainers with 9.71% growth to close at N2.26 from the previous close of N2.06.

CHAMS, SCOA and LEARNAFRICA among other gainers also grew their share prices by 9.52%, 8.97% and 8.84% respectively.

Percentage Losers

Prestige Assurance led price decliners’ table as it shed 8.70% of its share price to close at N0.42 from the previous close of N0.46.

MULTIVERSE, Linkage Assurance and Eterna Oil among other price decliners also shed their share prices by 8.51%, 6.98% and 5.75% respectively.

Volume Drivers

GTCO traded about 10 million units of its shares in 246 deals, valued at about N213.6 million.

ACCESSCORP traded about 9.8 million units of its shares in 204 deals, valued at about N225 million.

Source: Investors gain N73bn as NGXASI rebounds by 0.28% – StocksWatch (stocksng.com)

Related Posts

25

May
Business & Economy

Stock Market Review: May 25, 2023

The stock market on Wednesday closed on a positive note with 0.58% growth. The All Share Index and Market Capitalisation stands at 52,927.60 points and 28.819 trillion respectively. In a stock market review with Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The monetary policy committee of CBN has increased MPR to 18.5%. How will this […]

25

May
Business & Economy

Oando kicks-off Sustainable Transport Initiative in Lagos State with launch of Electric-Mass Transit buses

Oando Clean Energy Limited (OCEL) has achieved a groundbreaking milestone with the launch of the first phase of its Sustainable Transport Initiative for Lagos State. The initiative will see OCEL introducing electric buses to LAMATA’s current fleet of buses. The endeavor aims to support the transformation of the State’s public transport system through the development and deployment[…]