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Increased Investor Confidence Sees Sustained Gains as ASI Appreciates by 1.02%

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The All Share Index of the Nigerian Stock Exchange continued its impressive run as it ended today with a gain of 1.02%. The Index closed at 30,052.20 basis points as against its close of 29,511.08 basis points recorded at the close of business yesterday. Market Capitalization currently stands at N10.33 trillion.

The total value of transactions increased by 13.52%, this is an improvement from yesterday’s decline of 34.46%. The total volume of shares traded also appreciated by 5.44% in contrast to a dip of 22.62% recorded yesterday. The number of deals recorded increased by 16.39% as 4,531 deals were closed as against 3,893 deals closed yesterday.

The top 5 five most actively traded stock did not change from yesterday, even as UBA shares remained in hot demand as 64 million of its shares valued at N265.1 million were traded; ACCESS, ZENITHBANK, UBCAP and GUARANTY with a combined total of 70 million shares completed the top five list of most actively traded stock by volume.

It was a positive day for the Indexes as eight out of nine posted gains today, while the ASEM Index remained unchanged.

Market breadth closed in the positive as NB led 36 Gainers against 17 Losers led by GUINNESS.

Year-To-Date currently stands at -12.40%.

Gainers 08 09 15Losers 08 09 15 Summary 08 09 15

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