Investors Gain ₦326.54bn As Airtel Africa Leads Gainers’ Chart

Investors in the Nigerian stock market on Wednesday gained ₦326.54 billion as the market increased from ₦24.746 trillion to ₦225.07 trillion at the end of the market.

Naija News reports that the Nigerian stock market rise in equity capitalization by 1.31 percent at the close of the day’s business.

It was gathered that the All-Share Index of the market rose by 605.99 basis points to close at 46,529.99 from 45,924 points it closed the capital market with on Tuesday.

Investors traded 328.99 million shares in 4,219 deals worth N4.81 billion on Wednesday against Tuesday’s 196.26 million shares traded in 3,739 deals, valued at N2.41 billion.

First on the list of gainers was Airtel Africa after its share price rose N115.50kobo which surge to N1271 per share from N1155.50kobo.

Ecobank share increased in value, gaining N0.95kobo to end trading with N10.90kobo from N9.95kobo per share.

Courtville share was up 9.09 percent to move from N0.55kobo to N0.60kobo per share.

Academy share was up by 8.86 percent to move from N0.79kobo to N0.86kobo per share.

Learn Africa gained N0.11kobo percent as the share ended trading with N1.40kobo from N1.29kobo per share.

Leading the losers table was Cadbury, after losing N0.90kobo from its share which declined from N9.50kobo to N8.60kobo per share.

Prestige share depreciated from N0.46kobo to N0.42kobo per share after losing 8.70 percent during trading.

Champion share dropped N0.20kobo to end trading at N2.35kobo from N2.55kobo per share.

Linkage Assurance lost 7.14 percent to end trading with N0.52kobo from N0.56kobo per share.

Neimeth completed the list after shedding N0.10kobo from its market price to drop from N1.90kobo to N1.80kobo per share.

The top trading equities are Multiverse, which reported an exchange of 57.59 million shares worth N11.88 million.

Mutual Benefit traded 48.25 million valued at N12.13 million.

GTCO followed with 36.74 million shares valued at N936.85 million.

Chams sold 22.06 million shares worth N4.58 million, while Nigerian Breweries traded 13.36 million valued at N632.53 million.