NGXASI rallies by 1.07% on gains in Dangote Cement, Airtel Africa

The Nigerian stock market consolidated on the marginal gain recorded on Wednesday as The All Share Index rallied by 1.07% on gains in Dangote Cement, Airtel Africa and other 13 stocks to settle at 43.942.82 on Thursday from the previous close of 43,477.48 points.  

The Market Capitalisation appreciated by 1.07% to close at N23.934 trillion from the previous close of N23.681 trillion, thereby gaining N253 billion.

An aggregate of 405 million units of shares were traded in 3,188 deals, valued at N3 billion.

The Market Breadth closed negative as 15 equities emerged as gainers against 16 equities that declined in their share prices.

Percentage Gainers

MRS top gainers chart with 9.83% growth, closing at N12.85 from the previous close of N11.70.

COURTVILLE, Unity Bank and Dangote Cement also grew their share prices by over 7.00% each.

Percentage Losers

Julius Berger led price decliners’ table as it sheds 9.81% of its share price to close at N21.15 from the previous close of N23.45.

CARDBURY, Prestige Assurance and MULTIVERSE among other price decliners also shed their share prices by 9.69%, 9.52% and 9.41% respectively.  

Volume Drivers

Sterling Bank traded about 171 million units of its shares in 23 deals, valued at N231 million.

ACCESSCORP traded about 78.8 million units of its shares in 112 deals, valued at N634 million.

GTCO traded about 23.9 million units of its shares in 394 deals, valued at N420 million.

Source: NGXASI rallies by 1.07% on gains in Dangote Cement, Airtel Africa – StocksWatch (stocksng.com)

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