The Stock market All shares Index reverses the loss of yesterday as MTN Nigeria and Nestle Nigeria Plc recorded gains of 7.45% and 2.99% respectively at the close of today’s trading activities.
Transactions on the floor of the Stock Exchange on Tuesday, closed on a positive note as the All Share Index appreciated by 1.35% to settle at 50,626.04 points from the previous close of 49,950.32 points, bringing the year-to-date to 18.52%, the month-to-date to 0.52% and the week-to-date to 0.52% respectively.
Investors gained N365billion as market capitalisation appreciated by 1.35% to close at N27.301trillion from the previous close of N26.936trillion. An aggregate of 129.166million units of shares were traded in 4,706 deals valued at N2,862billion.
Market Breadth
The market breadth closed positive as 19 equities gained while 9 equities declined in their share prices.
Percentage Gainers
Honeywell Flour Plc led other gainers with 9.66% growth to close at N2.27 from the previous close of N2.07.
Jaiz Bank, Caverton and Japaul Gold Plc amongst other gainers also grew their share prices by 9.46%, 8.18% and 8% respectively.
Percentage Losers
MCnichols Plc led other price decliners as it shed 9.76% off its share price to close at N.74 from the previous close of N0.82.
Wapic Insurance, Chams and NGX Group Plc amongst other losers also shed their share prices by 9.76%, 8.00% and 2.73% respectively.
Volume Drivers
FBN Holdings Plc traded about 14.595million units of its shares in 145 deals, valued at N159.556million.
Multiverse Plc traded about 9.478million units of its shares in 5 deals, valued at N18.008billion.
GTCO Plc traded about 9.367million units of its shares in 350 deals, valued at N191.029million
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August 2, 2022