Stocks market extends previous day gain marginally by 0.26%

nigeria stock exchange equities marketEQUITIES investors gains N33.3 billion on Wednesday to extend previous day gains marginally by 0.26 per cent.

Specifically, the All-Share Index (ASI) rose by 96.73 points to settle at 37,059.21 points, crossing the 37,000 mark again after it dropped below it few days ago, while the market capitalisation increased by N33.3 billion to close at N12.8 trillion.

The volume and value of shares traded by investors finished higher with 264.3 million shares exchanged in 3,849 deals valued at N5.5 billion.

Zenith Bank was investors’ toast on Wednesday with 57.2 million units valued N1.3 billion.

United Bank of Africa transacted 40.6 million shares valued at N378.9 million, while Guaranty Trust Bank traded 28.5 million shares worth N1.2 billion.

In addition, Access Bank 24.6 million shares worth N243.3 million, and FBN Holdings sold 12.1 million shares valued at N72.5 million.

A look at the price movement chart showed Nigerian Breweries emerging the highest gainer with an addition of N2.1 kobo to its share value to settle at N185.2 kobo per share.

Stanbic IBTC rose by 85 kobo to close at N38.85 kobo per share, while Zenith Bank grew by 45 kobo to end at N23.50 kobo per share.

Access Bank expanded by 39 kobo to finish at N10.24 kobo per share, and Dangote Sugar appreciated by 16 kobo to wrap the day at N13 per share.

On the flip side, Total Plc lost N11.51 kobo to close at N228 per share, while 7up fell by N4.84 kobo to settle at N92.12 kobo per share.

Lafarge depressed by N1.49 kobo to close at N57.1 kobo per share, Flour Mills of Nigeria declined by N1.33 kobo to end at N28.52 kobo per share, and Unilever depreciated by 55 kobo to finish at N45 per share.

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