Nigerian Bourse stays 0.36% afloat with positive breadth

The Nigerian Bourse on Tuesday extended gains to three straight sessions as the All Share Index rose 0.36% to close at 52,419.33 points from Monday’s close of 52,231.29 points.

As a result, investors gained about N103 billion as market capitalisation advanced to N28.543 trillion from N28.440 trillion on Monday.

An aggregate of 576.9 million units of shares were traded in 6,143 deals, valued at N6.79 billion.

The Market Breadth closed positive as 26 equities appreciated in their share prices against 19 equities that declined in their share prices.

Percentage Gainers

Nigerian Breweries led other percentage gainers closing at 9.97% above the previous close of N35.30 to settle at N32.10.

FTN Cocoa grew 9.68% and Sovereign Trust Insurance grew 9.52% ahead other stocks like Cornerstone Insurance, TRANSCORP and MANSARD.

Percentage Losers

CWG tops the decliner’s chart losing 9.63% of its share price, while COURTVILLE, ARDOVA and GLAXOSMITH shed their share prices ahead of other losers by 6.52%, 6.06% and 4.41% respectively.

Volume Drivers

UBA traded about 94 million units of its shares in 373 deals, valued at about N795.9 billion.

TRANSCORP traded about 86 million units of its shares in 621 deals, valued at N262 million.

ACCESSCORP traded about 62 million units of its shares in 423 deals, valued at N635.7 million.

Source: Nigerian Bourse stays 0.36% afloat with positive breadth – StocksWatch (

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