The Nigerian stock market closed flat on Tuesday amid profit taking by investors.

The market seemed to be in-between as equities investors managed to gain little over N1 billion on market capitalisation to close at N25,361 trillion slightly higher than Monday’s N25,360 trillion.

The All-Share Index stood at 0.

00% with 1.

54 basis points to close at 47,064.

82 compared to 47,063.

28 recorded on Monday.

The Oil and Gas as well as the Consumer Goods left the red line marginally gaining 0.

26% and 0.

10% respectively while the banking sector remained on the red line for the second trading day by shedding over 1% attributed to the losses on the share price of Access Bank.

Market sentiment when measured by market breath was positive with 28 gainers and 21 losers.

A total of 274.

21 million unit of shares valued at N3.

82 billion were traded in 5,331 deals.

LearnAfrica led the gainers’ table with a N0.

16k gain on its share price to close at N1.

81k.

Then Morrison followed with N0.

19k to close at N2.

18k while RTBRISCOE gained N0.

04k to close at N0.

46k.

On the other hand, Julius Berger led the losers’ table with a price loss of N0.

80k to close at N7.

55k per share.

CHIPLC followed with N0.

03k loss to close at N0.

62k and Jaiz Bank Plc lost same N0.

03k to close at N0.

67k per share.

Bilkisu Pai
Nigeria’s local bourse closes flat at 0.

00%

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