Trading activities on the floor of the Nigerian Stock Exchange, NSE, on Tuesday, November 1, climbed out the bearish mode that rocked the bourse at the start of trading week.
As a result, the All Share index scooped 0.12 percent to close at 27,252.48 basis points.Likewise, market capitalisation added N11.1 billion to close at N9.361 trillion,
Market breadth closed with 17 gainers to 16 losers. Eterna Oil Plc led the advancers chart with 9.96 percent appreciation to close at N3.09 per share, Okomuoil followed with a gain of 9.18 percent to close at N47 per share, while Red Star Express Plc advanced 5 percent to close at N4.20 per share.
Unity Bank and Learn Africa Plc gained 4.76 and 4.29 percent each to close at 66 and 73 kobo respectively. Other gainers include Dangote Flour, FBN Holdings, FCMB, Guinness, Skye Bank, and PZ.
Meanwhile, UAC-Property Plc led the days declining stocks with a depreciation of 4.92 percent to close at N3.09 per share, Union Bank Nigeria Plc plunged 4.87 percent to close the day at N4.30, Oando Plc dropped 4.86 percent to close at N4.70 per share, International Breweries Plc lost 4.62 to close at N19 per share and Sterling Bank depreciated 4.44 percent to close at 86 kobo per share.
Other declining stocks were Transcorp, Honeywell Flourmills, Wema Bank, Vitafoam, UACN, UPL, Livestock feeds, Fidelity Bank, Custodian and Allied Insurance, United Capital and Nigerian Breweries.
At the end of the day’s activities, total volume traded however dipped by 15 percent to 187.6 million shares valued at N1.3 billion in 3,065 deals as against 219.9 million shares valued at N1.9 billion traded in 3,955 deals on Monday.