Stock Exchange Bounces Back With 0.50% Gain

 After five straight sessions of losses, the All Share Index bounced back with a 0.50% gain today compared to a 0.01% loss recorded yesterday. The All Share Index appreciated by 145 basis points to end the day at 29,175.35 basis points. Market Capitalization for the market at the close of trading today was N10.02 Trillion.

The total of number of deals recorded on the floor of the local bourse were 2,711 compared to 3,074 recorded yesterday ; the total volume of shares traded on the floor were 997,782,020, while the total value of transactions recorded today were N6.1 Billion.

BETAGLASS led the gainers chart today gaining N2.31 to close at N48.51, followed by UACN and NB which added N1.32 and N0.96 to close at N27.73 and N136.03 respectively; CADBURY and STANBIC added N0.95 and N0.61 to close at N20.10 and N20.86 respectively.

The Losers chart was led by WAPCO who lost N1 to close with a share price of N94 followed by CAVERTON and ETRANZACT who lost N0.14 and N0.14 to close with share prices of N2.7 and N2.76 respectively; FIDSON and ETERNA lost N0.12 and N0.08 to close with share prices of N2.81 and N1.61 respectively.

The top five most actively traded shares by volume on the exchange today were ACCESS with shares valued at N3.4 Billion, ZENITHBANK with shares valued at N1.2 Billion, FBNH with shares valued at N159 Million, UBA with shares valued at N107 Million and TRANSCORP with shares valued at N36 Million.

Market breadth closed positive as BETAGLASS led 24 Gainers against 15 Losers led by WAPCO.

Year-To-Date currently stands at -15.82%.