Stock market gains N19bn

Activities on the floor of Nigerian Exchange yesterday opened week on a positive note , gaining N19 billion after two days public holiday to commemorate Easter.

Market capitalisation of listed equities increased by 0.07 per cent to N25.632 trillion from N25.613 trillion reported the previous day. The NGX All Share Index also appreciated by 35.48 basis points to 47545.86 points from 47510.38 points traded previously.

Investors traded 365.453 million shares valued at N7.106 billion in 5790 deals against 388.182 million shares worth N4.022 billion in 6212 deals.

A review of the investment showed that

Meyer Paint led gainers table during the day, gaining 10.00 per cent to N1.76, Guinness Nigeria Plc followed with a gain of 6.86 per cent to N75.80, NPF Micro Finance Bank added 6.80 per cent to N2.20, Cadbury Nigeria Plc added 5.0 per cent to N8.40 , Unilever Nigeria Plc increased by 4.51 per cent to N12.75.

On the contrary,

Academy Press recorded the highest loss during the day, declining by 9.72 per cent to N1.30, John Holt trailed with a drop of 9.30 per cent to N0.78, Japaul Gold dipped by 9.09 per cent to N0.30, Neimeth international Pharmaceutical down by 8.23 per cent to N1.45, Pharm Deko fell by 7.51 per cent to N1.60.

The result further showed thatFidelity Bank was the most active stock during the day, exchanging 33.757 million shares valued at N132.130 million, Access Corp followed with account of 23.960 million shares valued at N247.074 million, MTN Nigeria traded 22.152 million shares valued at N471.851 million, Omatek sold a total of 17.899 million shares valued at N3.579 million while RTBriscoe exchanged 15.074 million shares valued at N8.891 million.