Nigerian Bourse advances marginally by 0.01%

Date:

June 28, 2024.

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Azonuchechi Chukwu.

The Nigerian Bourse on Thursday advanced marginally from the previous close of 0.90% on Wednesday.

The All Share Index grew by 0.01% closing at 99,396.23 points against the previous close of 99,385.44 points.

Investors gained N7 billion as market capitalisation also grew to N56.228 trillion from 56.221 trillion of the previous session.

The volume and value of traded stocks stood at 529 million units and N10.49 billion in 7,616 deals.

Market Breadth

33 stocks closed positive against 16 that declined, bringing the market breadth to a positive round up

Percentage Gainers

CUTIX and SEPLAT led the gainers’ chart with 10.00% growth each to close at N4.40 and N3794.90 respectively.

LASACO, CWG, UCAP and AFRICAN PRUDENTIAL among other gainers also grew their share prices above 9.00% each.

Percentage Losers

DAAR COMMUNICATION led other price decliners, shedding 8.93% of its share price to close at N0.51 from the previous close of N0.56.

C & I Leasing, Consolidated Hallmark Holding and MTN Nigeria also shed their share prices by 8.54%, 7.98% and 6.89% respectively.

Volume Drivers

GTCO traded about 66 million units of its shares in 259 deals, valued at N2.9 billion.

UACN traded about 46 million units of its shares in 64 deals, valued at about N706.6 million.

ACCESSCORP traded about 39.7 million units of its shares in 494 deals, valued at N754 million. (www.naija247news.com).

Chukwu Azochukwu, The Naija247news
Chukwu Azochukwu, The Naija247newshttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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