Stock Market Rests in Green Zone as Index Gains 0.02%

Transactions on the Nigerian Stock Exchange, NSE, closed on Tuesday, February 9, in the green zone as the All Share Index gained 0.02 per cent to close at 23,981.09 points from 23,977.10 on Monday, February 8.

Similarly, market capitalization also soared from N8.246 trillion to N8.248 trillion.

The market recorded 19 gainers today led by Sterling Bank with a gain of N0.14 or 8.19 per cent to N1.85 followed by Unilever with a gain of N1.59 or 4.99 per cent to close at N33.43 while Mobil gained N6.99 or 4.82 per cent to close at N152.00 per share.

On the other hand, UACN topped 18 stocks on the losers’ chart with N1.03 loss or 4.93 per cent to close at N19.86 followed by Fidelity Bank that lost N0.06 or 4.76 per cent to close at N1.20 per share, and ETI that lost N0.70 or 4.76 per cent to close at N1.20 per share.

All together, a total of 169,504,504 shares worth N1.518 billion exchanged hands in 3,020 deals.