The Nigerian stock market on Tuesday bounced back to a positive mood from yesterday’s pullback resulting from profit taking by investors.
The All Share Index appreciated by 1.33% to close at 201,668.42 points from the previous close of 199,014.02 points.
The Market Capitalisation grew by 1.33% to close at N129.454 trillion from the previous close of N127.750 trillion, thereby gaining N1.704 trillion.
An aggregate of 1.2 billion units of shares were traded in 81,992 deals, valued at 57.57 billion.
The Market Breadth closed positive as 33 equities emerged as gainers against 28 equities that declined in their share prices.
Percentage Gainers
JOHNHOLT, Consolidated Hallmark, Airtel Africa and Legend Internet led the gainers chart with 10.00% growth each from their previous closes to N14.30, 4.95%, 2497.00 and N6.60 respectively.
Premier Paints and ETRANZACT also grew their share prices by 9.94% and 9.50% respectively.
Percentage Losers
NPF Microfinance Bank led other price decliners as it shed 6.29% of its share price to close at N6.56 from the previous close of N7.00
Royal Exchange and CWG among other price decliners also shed their share prices by 5.32% and 4.82% respectively.
Volume Drivers
Wema Bank traded about 182 million units of its shares in 1122 deals, valued at N4.8 billion.
GTCO traded about 180 million units of its shares in 4728 deals, valued at N19 billion.
UBA traded about 119 million units of its shares in 2502 deals, valued at N5.7 billion.
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