Market Gains N128bn as NGXASI closes 0.51% Higher

The Nigerian stocks market on Monday closed higher as the All Share Index appreciated by 0.51% to settle at 46,867.95 points from the previous close of 46,631.46 points.

The Market Capitalisation was up by 0.51% to close at N25.267 trillion from the previous close of N25.139 trillion, thereby gaining N128 billion.

An aggregate of 224.6 million units of shares were traded in 5,946 deals, valued at N3.8 billion.

The Market Breadth closed positive as 32 equities appreciated in their share prices against 13 equities that declined in their share prices.

Percentage Gainers

NAHCO led other gainers with 10.00% growth to close at N5.50 from the previous close of N5.00.

UACN, MEYER and Royal Exchange among other gainers also grew their share prices by 9.90%, 9.73% and 9.47% respectively.

Percentage Losers

Academy Press led price decliners’ table as it shed 9.60% of its share price to close at N1.60 from the previous close of N1.77.

Mutual Benefits, JAPAULGOLD and MULTIVERSE among other price decliners also shed their share prices by 7.69%, 5.88% and 4.55% respectively.

Volume Drivers

GTCO traded about 43 million units of its shares in 853 deals, valued at about N994 million.

Zenith Bank traded about 31 million units of its shares in 610 deals, valued at N740 million.

Sterling Bank traded about 23 million units of its shares in 310 deals, valued at N35 million.

Source: Market Gains N128bn as NGXASI closes 0.51% Higher – StocksWatch (

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