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 (stocksng.com)

Related Posts

03

Nov
Business & Economy

ELITE WEALTH PLACEMENT FUND

Welcome to the Elite Wealth Placement Fund – a bespoke investment vehicle designed exclusively for high-net-worth individuals seeking attractive and tailored placement opportunities. Our fund is managed by a team of seasoned financial experts with a proven track record of delivering superior returns, while prioritizing risk management and long-term wealth preservation. As an exclusive member, you will […]

03

Nov
Business & Economy

PZ Cussons Nigeria Plc reports N113bn revenue, boosts profit after tax by 114% in one year

The Audited Financial Statement of PZ Cussons for the year ended 31 May 2023 show significant growth in the Company’s bottom line figures with 114% growth in its profit after tax for the 12 months period. The Group reported revenue of N113.964 billion for the 12 months period, up by 14.53% from N99.503 reported the previous year.[…]