Saturday, January 18, 2025
Home Finance Inventory market stays 0.13% afloat, buoyed by gains in 25 stocks

Inventory market stays 0.13% afloat, buoyed by gains in 25 stocks

The Nigerian inventory market stayed afloat on notice appreciation in 25 stocks that made the fairway table on Tuesday, making it six straight gains within the very finest six trading sessions because the All Half Index grew 0.13%, closing at 100,050.94 features from the earlier shut of 99,920.87

Market capitalisation closed at N60.650 trillion, up by 0.13% from the earlier shut of N60.571 trillion, adding N79 billion.

An combination of 478 million devices of shares had been traded in 9,578 presents, valued at N22.5 billion.

Market Breadth

The market breadth closed detrimental as 25 stocks gained in opposition to 26 stocks that declined in their portion costs.

Share Gainers

WAPIC and MRS led loads of gainers, closing at 10.00% every above their earlier closes of N1.40 to settle at N132.00.

CAVERTON, LASACO, Royal Substitute furthermore closed the day above 9.00% of their earlier portion costs

Share Losers

CUTIX led decliners’ table shedding 10.00% of its portion notice to shut at N 2.25 from the earlier shut of N2.50.

TANTALIZER, DAAR COMMUNICATION and OANDO shed 9.73%, 7.02% and 6.10% respectively

Quantity Drivers

ETRANZACT traded about 70 million devices of its shares in 30 presents, valued at about N474 million.

Transcorp Hotel traded about 70 million devices of its shares in 29 presents, price about N7.4 billion.

OANDO traded about 26 million devices of its shares in 1074 presents, valued at about N1.8 billion

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