Trading at the Nigerian Exchange (NGX) closed positive on Tuesday amidst buy-interests and sell-offs as bulls regain dominance, driving up the broad market
Following the bullish trend in the equities market, the All-share Index (ASI) appreciated by 0.48% to close at 51,606.49 points while the market capitalization grew by N136 billion to close at N28,099 trillion.
The trading indices also reflected that the market’s Year-to-Date (YtD) returns settled at 0.02%, thereby increasing the market’s advance by 10.83 basis points since the commencement of trading sessions in the bourse on January 4 this year.
According to the trading data from the Nigerian Exchange Limited (NGX) on the trading session, the market breadth closed positive as JAPAULGOLD led the 33 gainers’ table while WAPIC led the nine losers’ table.
Also, the volume of stocks traded on the Exchange on Tuesday stood at 2.09 million with a value of N6.84 billion in 6,404 deals.
At the end of Tuesday’s trading session, the five top ASI gainers were JAPAULGOLD up + 10.00% to close at N0.33; HONYFLOUR up + 9.91% to close at N2.55; BERGER up + 9.87% to close at N8.35; TRANSCORP up + 9.80% to close at N2.69 and IKEJAHOTEL up + 9.35% to close at N1.52
On the flip side, the top five ASI losers include WAPIC down – 7.32% to close at N0.38; NGXGROUP down – 4.89% to close at N25.30; RTBRISCOE down –00% to close at N0.24; AIICO down – 3.64% to close at N0.53; and ROYALEX down – 3.17% to close at N0.61
The equities market’s indices further reflected that three stocks that topped the day’s trading session based on volume traded were ACCESSCORP – 217,418,678; TRANSCORP – 111,499,753; and FIDELITYBK-30,705,852.
This is even as the NGX reported that the top three traded stocks by value comprised ACCESSCORP – N2,313,464,093; ZENITHBANK-N608,808,949; GTCO– N423,217,555.
