Stock market transactions rose to over 11,500 on Tuesday with investors gaining about ₦837 billion, at the close of trade.
The Stock Exchange on Tuesday, 12th March 2024, sustained a seventh-day consecutive bullish run and closed on a positive note.
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Market capitalisation appreciated by ₦837 billion to close at ₦58.534 trillion, while the All-Share Index also appreciated by 1.45% to settle at 103,524.44
This brings the year-to-date to 37.67%, the month-to-date to 3.5%, and the week-to-date to 2.15% respectively.
A total of 565,787,524 units of shares was traded in 11,519 deals valued at ₦14,233,931,300.01.
Gainers And Losers
United Bank for Africa (UBA) Plc led other gainers with 10% growth to close at ₦25.30>
MTN Nigeria Communications, Julius Berger Nigeria, and Access Bank Holding Plc amongst other gainers also grew their share prices by 9.98%, 9.71%, and 9.51% respectively.
Tantalizers Plc led other price decliners as it shed 7.89% off its share price to close at ₦0.35.
NASCON Allied Industries, Morison Industries, and C&I Leasing Plc amongst other losers also shed their share prices by 6.77%, 6.62%, and 6.45% respectively.
Volume Drivers
Transcorp Plc traded about 170.718 million units of its shares in 969 deals, valued at ₦3.135 billion.
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Access Bank Holding Plc traded about 48.572 million units of its shares in 810 deals, valued at ₦1.059 billion.
GTCO Plc traded about 39.035 million units of its shares in 560 deals, valued at ₦1.658 billion.
