Nigerian Exchange Limited reported that trading ended on Tuesday with investors gaining N10 billion in the stock market.
The equities market capitalisation increased by N29.909 trillion, or 0.03 per cent, matching the All Share Index’s percentage growth. The All Share Index rose to 54,906.65 from 54,886.04 recorded on Monday.
During Tuesday’s trading, a total of 127.744 million shares valued at N1.586 billion were exchanged in 2,987 deals. Market sentiment remained flat, with 12 equities on both the gainers’ and losers’ tables at the close of trading.
Linkage Assurance, Wapic, and Champion led the gainers’ table, with gains of 9.76 per cent, 7.89 per cent, and 4.26 per cent, closing at N0.45, N0.41, and N4.90, respectively.
Meanwhile, Ikeja Hotel topped the losers’ table with a 9.65 per cent loss, closing at N1.03. Cadbury and UPL followed, with losses of 5.83 per cent and 4.76 per cent, closing at N11.30 and N2.00, respectively.
On the NGX’s Most Traded table, Zenith Bank led with 11,964,640 shares worth N298.835 million traded in 255 deals.
GTCO, another financial institution, followed closely with 10,472,370 million shares valued at N258.239 million traded in 252 deals. MTN Nigeria was the third most traded stock on Tuesday, with 421,619 shares worth N98.138 million exchanged.
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