ADVERTISEMENT

NSE market indices rebound marginally by 0.02%

The All-Share Index rose by 3.82 points or 0.02 per cent to close at 25,136.49.

The uptrend was impacted by gains recorded in large and medium capitalised stocks [Reuters/Akintunde Akinleye]

Speficially, the All-Share Index rose by 3.82 points or 0.02 per cent to close at 25,136.49 compared with 25,132.67 achieved on Monday.

Also, the market capitalisation grew by two billion or 0.02 per cent to close at N13.112 trillion against N13.110 trillion recorded on Monday.

The uptrend was impacted by gains recorded in large and medium capitalised stocks, amongst which are; Dangote Sugar, Flour Mills, United Bank for Africa (UBA), University Press and Guinness.

ADVERTISEMENT

Consequently, market breadth closed positive, with 16 gainers compared with 13 losers.

University Press drove the gainers' chart in percentage terms, gaining 9.91 per cent to close at N1.22 per share.

Cornerstone Insurance came second with a growth of 9.43 per cent to close at 58k, while Lasaco Assurance rose by 7.14 per cent to close at 30k per share.

United Capital increased by 3.23 per cent to close at N3.20, while Sterling Bank appreciated by 2.61 per cent to close at N1.18 per share.

Conversely, Conoil led the losers' chart in percentage terms with a loss of 9.76 per cent to close at N15.25 per share.

ADVERTISEMENT

Ardova and Oando followed with 9.68 per cent each, to close at N12.60 and N2.24 per share, respectively.

Fidson dipped 5.25 per cent to close at N3.79, while Japaul Oil shed 4.76 per cent each to close at 20k per share.

In the same vein, the volume of shares traded grew by 68.08 per cent as investors bought and sold 271.002 million shares worth N2.46 billion in 3,693 deals.

This was in contrast with a total of 161.23 million shares valued at N1.85 billion transacted in 3,597 deals on Monday.

Zenith Bank topped the activity chart, accounting for 35.84 million shares worth N600.20 million.

ADVERTISEMENT

Guaranty Trust Bank followed with 35.29 million shares valued at N877.02 million, while Lasaco Assurance traded 33.07 million shares worth N9.89 million.

Access Bank accounted for 23.74 million shares valued at N152.05 million, while Transcorp sold 15.51 million shares worth N9.43 million.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Africa’s food insecurity to be non-existent in the next 5 years - AfDB

Africa’s food insecurity to be non-existent in the next 5 years - AfDB

A Changing Tide: Providus Bank's 'REGAL' product launch empowers women entrepreneurs

A Changing Tide: Providus Bank's 'REGAL' product launch empowers women entrepreneurs

South Korea eyes one of Nigeria’s precious minerals

South Korea eyes one of Nigeria’s precious minerals

Elumelu applauded by distinguished leaders for youth empowerment in Africa

Elumelu applauded by distinguished leaders for youth empowerment in Africa

AU's 2063 agenda at risk due to cybercrime

AU's 2063 agenda at risk due to cybercrime

Burna Boy's South Africa concert has been cancelled, here’s why

Burna Boy's South Africa concert has been cancelled, here’s why

AfDB, Google partner to advance digital transformation in Africa

AfDB, Google partner to advance digital transformation in Africa

Top 10 African countries with the highest food inflation rates

Top 10 African countries with the highest food inflation rates

List of African countries and how much of their salaries they spend on iPhones

List of African countries and how much of their salaries they spend on iPhones

ADVERTISEMENT
ADVERTISEMENT