Nigerian Market Advances further by 0.15%

The Nigerian stocks market on Friday closed higher as the All Share Index advanced further by 0.15% to settle at 44,396.73 points from the previous close of 44,332.21 points.

The Market Capitalisation was up by 0.14% to close at N24.182 trillion from the previous close of N24.147 trillion, thereby gaining N35 billion.

An aggregate of 95 million units of shares were traded in 2,888 deals, valued at N1.884 billion.

The Market Breadth closed positive as 14 equities appreciated in their share prices against 8 equities that declined in their share prices.

Percentage Gainers

Academy Press led other gainers with 9.77% growth to close at N1.46 from the previous close of N1.33.

Sterling Bank, CHAMS and Mutual Benefits among other gainers also grew their share prices by over 3.00%.

Percentage Losers

Nem Insurance led price decliners’ table as it shed 9.98% of its share price to close at N4.42 from the previous close of N4.91.

Morison, AIICO and Honeywell Flour among other price decliners also shed their share prices by 9.59%, 5.17% and 4.00% respectively.

Volume Drivers

Fidelity Bank traded about 26.6 million units of its shares in 180 deals, valued at about N100.7 million.

Zenith Bank traded about 10.6 million units of its shares in 204 deals, valued at N211.9 million.

GTCO traded about 8 million units of its shares in 301 deals, valued at about N152.6 million.

Source: Nigerian Market Advances further by 0.15% – StocksWatch (

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