Nigeria stocks maintain bullish run, All Share Index hits 104,100 index points

The Nigerian stock market closed on a positive note today, due to buying pressure in the Industrial goods, Insurance, and Services sectors. Consequently, the NGX All Share Index gained +0.58% and settled at 104, 100 index points.

Market breadth index was negative as we have 24gainers and 26losers.Today’s gainers were led by UPL(+9.96%), while the top loser was UNILEVER(-9.8%).

The total volume traded declined by 24.68% to close at N242.43 million, valued at N5.13bn and traded in 8,715 deals. ACCESSCORP was the most traded stock by volume with N24.90m units traded, while GTCO was the most traded stock by value with N841.25 million units traded.

Other top gainers include JULI(+9.84%) while other bottom losers include: JBERGER(-9.64%) In terms of activity levels, total volume decreased by -33% to 284million units worth N6.9billion

GTCO PLC (-0.38%) was the most actively traded stock with about 56.6million units of shares worth N2.21billion, the local bourse appreciated due to buying pressure in the Insurance, Industrial goods, and Services sector