Reds of the stock market as investors earn N215 billion

The indicators of the Nigerian stock market have rebounded by 0.23 percent due to the appreciation of prices in some actions in medium and large capitalization Thursday 6 March 2015.

The capitalization of the Nigerian Exchange Limited (NGX) market has increased by N215 billion, equal to 0.32 percent at N66.868 trillion of N66.653 trillions on Wednesday.

The All-Share index also increased by 0.32 percent or 344 points to close to 106,780.72 compared to 106,436.48 published in the previous session.

The upward trend has been guided by the appreciation of prices in stocks such as the transnational company, the Glegiism and the sugar for dance, among others.

The size of the market closed positive with 36 earnings and 15 losers.

On the Gainers chart, 9.98 percent guided transnational corporation to close at N51.80 per share.

Scaa Nigeria followed with an increase of 9.88 percent to close at N3.78 per share.

Africa Prudential has increased by 9.87 percent to close at N30.60, while Tantalizer has earned 9.52 percent, to close at N2.37 per share.

In addition, the offshore Caveton support group advanced by 9.09 percent, to close 36k per share.

Sunu Assurance, Mrs. Nigeria Limited and Red Star Express led the loser table of 10 for each, to close respectively at N4.77, N166.50 and N5.94 per share.

Meanwhile, Lasaco Assurance has lost 7.99 percent, to close at N2.65, while the UPDC real estate investment trust decreased by 6.76 percent, to close at N2.62 per share.

A total of 375.73 million shares for a value of N10.185 billion were exchanged in 11,447 transactions, compared to 389.57 million shares for a value of 11.309 billion which exchanged in 11,423 transactions previously recorded.

Transactions in the actions of Guaranty Trust Holding have exceeded the graphic designer with 49.9 million shares of the value of N2.91 billion.

Access corporation followed by N43.8 million shares for a value of n1.03 billion, while Zenith Bank has made a transaction of 36.5 million shares of the value of n1.72 billion.

Fidelity Bank sold 2.71 million shares for a value of N469 million N469 million and United Bank for Africa has made about 1.94 million shares of the value of N705 million.