Stock Market Close Flat as ASI Settles at 49,416.18pts – THISDAYLIVE

Trading closed on an uneventful note yesterday on the stock market of the Nigerian Exchange Limited as the bench market settled at 49,416.18 basis points.

Accordingly, investors gained N1 billion in value as market capitalisation went up to N26.916 trillion. Also, market breadth closed negative as 11 stocks posted gains while 16 declined. UPDC Real Estate Investment Trust recorded the highest price gain of 8.62 per cent to close at N3.15, per share. Royal Exchange followed with a gain 5.95 per cent to close at 89 kobo, while Ardova Plc went up by 4.19 per cent to close at N17.40, per share.

R.T. Briscoe Nigeria lost 6.90 per cent to close at 27 kobo, while Chams shed 4.55 per cent to close at 21 kobo, per share.

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