Transactions on the floor of the Nigerian Exchange on Tuesday closed on a positive note as the All Share Index appreciated by 0.02% to settle at 42,018.92 points, from the previous close of 42,008.60 points, bringing the year-to-date to 4.59%, the month-to-date to 8.79% and the week-to-date to -0.36% respectively.
Investors gained N5 Billion as Market Capitalization appreciated by 0.02% to close at N21.925 trillion from the previous close of N21,920 trillion. An aggregate of 639.442 million units of shares were traded in 4,564 deals, valued at N6.627billion.
Market Breadth:
The market breadth closed positive as 20 equities gained while 19 equities declined in their share prices.
Percentage Gainers:
Abbey Mortgage Bank Plc led other gainers with 9.47% growth to close at N1.04 from the previous close of N0.95.
Meyer, Nem Insurance and Academy plc amongst other gainers also grew their share prices by 8.33%, 7,56% and 7.14% respectively.
Percentage Losers:
Glaxosmith Kline Plc led other price decliners as it shed 9.32% off its share price to close at N5.35 from the previous close of N5.90.
Seplat, Jaiz Bank and Dangote Sugar Plc amongst other losers also shed their share prices by 5.38%, 4.48% and 3.23% respectively.
Volume Drivers:
First Bank Plc traded about 364.030million units of its shares in 338 deals, valued at N4.110Billion.
Sterling Bank Plc traded about 80.973million units of its shares in 53 deals, valued at N121.435million.
ETI Plc traded about 19,768million units of its shares in 152 deals, valued at N159.435Billion.