The market continued in the green region today by gaining 1.12% as a result of the gain in the price of the two telelcom compankies… MTN and Airtel Africa.
Transactions on the floor of the Nigerian Exchange on Tueday closed on a positive note as the All Share Index appreciated by 1.12% to settle at 43,732.37points, from the previous close of 43,246.87points, bringing the year-to-date to 10.38%, the month-to-date to 11.95% and the week-to-date to 4.05% respectively.
Investors gained 252Billion as Market Capitalization appreciated by 1.12% to close at N22.821trillion from the previous close of N22.569trillion. An aggregate of 280,714million units of shares were traded in 4,342deals, valued at N3,476Million.
The market breadth closed positive as 24 equities gained while 16 equities declined in their share prices.
ABC Transport Plc led other gainers with 10% growth to close at N0.33 from the previous close of N0.30.
FTN Cocoa, Ardova and UACN Nigeria Plc amongst other gainers also grew their share prices by 10%, 7.38% and 7.14% respectively.
Berger Plc led other price decliners as it shed 9.52% off its share price to close at N8.55 from the previous close of N9.45.
Caverton, UPL and Regency Assurance Plc amongst other losers also shed their share prices by 9.09%, 7.39% and 6.82% respectively.
Sterling Bank Plc traded about 83,313million units of its shares in 53 deals, valued at N125,056Million.
UACN Plc traded about 34.207million units of its shares in 135 deals, valued at N360.536Million.
Zenith Bank Plc traded about 17.478million units of its shares in 372 deals, valued at N427.157Million.