Market rebounds with marginal growth of 0.01%

The Nigerian stock market on Tuesday halted days of downtrend as the All Share Index appreciated marginally by 0.01% to close at 49,445.31 points from the previous close of 49,440.21 points.  

The Market Capitalisation appreciated by 0.01% to close at N26.670 trillion from the previous close of N26.667 trillion, thereby gaining N3 billion.

An aggregate of 147.6 million units of shares were traded in 3,323 deals, valued at 2.4 billion.

The Market Breadth closed negative as 11 equities emerged as gainers against 14 equities that declined in their share prices.

Percentage Gainers

RTBRISCOE led the gainers chart with 10.00% growth, closing at N0.33 from the previous close of N0.30.

FBNH and Linkage Assurance also grew their share prices by 5.00% and 4.35% respectively.

Percentage Losers

TOTAL led other price decliners as it shed 9.98% of its share price to close at N211.10 from the previous close of N234.50.

LEARNAFRICA and Honeywell Flour among other price decliners also shed their share prices by 9.71% and 8.13% respectively.  

Volume Drivers

GTCO traded about 35.8 million units of its shares in 240 deals, valued at N693.7 million.

FBNH traded about 20.9 million units of its shares in 199 deals, valued at N208.9 million.

Zenith Bank traded about 11 million units of its shares in 362 deals, valued at N219 million.

Source: Market rebounds with marginal growth of 0.01% – StocksWatch (

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