Stock market gains N48bn as NGXASI closes higher by 0.19%

The Nigerian stock market on Tuesday closed higher as the All Share Index appreciated by 0.19% to settle at 46,777.37 points from the previous close of 46,687.85 points.

The Market Capitalisation grew by 0.19% to close at N25.218 trillion from the previous close of N25.170 trillion, thereby gaining N105 billion.

An aggregate of 257 million units of shares were traded in 4,410 deals, valued at N2.343 billion.

The Market Breadth closed negative as 18 equities appreciated in their share prices against 20 equities that declined in their share prices.

Percentage Gainers

MEYER led other gainers with 8.86% growth to close at N0.86 from the previous close of N0.79.

Regency Alliance, FTN Cocoa, CUTIX and C\AVERTON among other gainers also grew their share prices above 5%.

Percentage Losers

NPF Microfinance Bank led other price decliners as it shed 9.64% of its share price to close at N2.25 from the previous close of N2.49.

LEARNAFRICA, MULTIVERSE and RTBRISCOE among other price decliners also shed their share prices by 9.14%, 8.70% and 6.67% respectively.

Volume Drivers

Fidelity Bank traded about 47 million units of its shares in 249 deals, valued at about N231 million.

Transcorp traded about 40.9 million units of its shares in just 219 deal, valued at N41 million.

GTCO traded about 15 million units of its shares in 437 deals, valued at N341 million.

Source: Stock market gains N48bn as NGXASI closes higher by 0.19% – StocksWatch (

Related Posts


Business & Economy


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 […]


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.[…]