Investors Gain N66bn as All Share Index Rebounds by 0.28%

Date:

August 21, 2024.

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Azonuchechi Chukwu.

The Nigerian equity market on Tuesday bounced back from 1.36% decline of Tuesday as the All Share Index grew by 0.12% to settle at 95,895.92 points from the previous close of 95,779.79 points.

Investors gained N66 billion as the Market Capitalisation was up by 0.12% to close at N54.448 trillion from the previous close of N54.382 trillion.

An aggregate of 1 billion units of shares were traded in 8,295 deals, valued at N7.69 billion.

The Market Breadth closed negative as 19 equities appreciated in their share prices against 24 equities that declined in their share prices.

Percentage Gainers

LEARNAFRICA led the gainers with 9.94% growth to close at N3.87 from the previous close of N3.52.

OANDO, CUTIX and RTBRISCOE among other gainers also grew their share prices by 9.90%, 9.85% and 9.63% respectively.

Percentage Losers

THOMASWYAT led price decliners’ table as it sheds 9.71% of its share price to close at N1.58 from the previous close of N1.75.

OMATEK, FTN Cocoa and NEIMETH among other price decliners also shed their share prices by 6.85%, 6.80% and 5.00% respectively.

Volume Drivers

Jaiz Bank traded about 651 million units of its shares in 149 deals, valued at about N1.49 billion.

Sterling Bank traded about 54 million units of its shares in 70 deals, valued at about N218 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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