Stock market index rises by 0.07%, as investors gain N14bn



Equity yesterday close in positive trend as the local index advanced marginally to close at 38799.83 points. The NSE All Share Index appreciated by 25.80 basis points against 38774.03 reported the previous day.

Capitalisation of listed equities also increased by N14 billion or 0.07 per cent to N20.300 trillion from N20.286 trillion reported the previous day.

traded 145.331 million shares valued at N1.575 billion in 3525 deals against 356.461 million shares worth N4.193 billion in 6130 deals.

CHI Plc led gainers table, gaining 9.68 per cent or N0.03 kobo to close at N0.34 kobo, Japaul Gold followed with a gain of 9.43 per cent or N0.05 kobo to close at N0.85 kobo, Oando Plc added 5.16 per cent or N0.16 kobo to close at N3.26 kobo, AIICO increased by 5.00 per cent or N0.06 kobo to close at N1.26 kobo, Zenith Bank grew by 3.81 per cent or N0.80 kobo to close at N21.80 kobo.

On the contrary, Royalex topped losers chart dropping by 7.69 per cent or N0.03 kobo to close at N0.36 kobo, Jaiz Bank Plc trailed with a loss of 6.06 per cent or N0.04 kobo to close at N0.62 kobo. Honey Well Flour Mills fell by 5.04 per cent or N0.06 kobo to close at N1.13 kobo, Linkage Plc declined by 4.76 per cent or N0.04 kobo to close at N0.80 kobo and Daar down by 4.76 per cent or N0.01 kobo to close at N0.20 kobo.

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