The Nigerian Exchange Limited (NGX) trading session ended positively on Tuesday with investors gaining N53 billion as bulls sustained hold on the local bourse.
As expected, the All Share Index (ASI) grew by 0.19% to close at 48.366.69 points while the market capitalization appreciated by N53 billion. The year to date (Y-T-D) return stood at 13.22% at the end f the trading session.
As of the close of the market, the stock market value stood at N26.3 trillion, reflecting advancement by 5650.3 basis points or 13.22% since the beginning of this year.
Also, the market breadth closed positive as HONYFLOUR led 16 gainers compared to 13 losers topped by UPDC at the end of today’s session.
A further analysis of the Tuesday’s trading indices showed that the traded stock volume stood at 184.65 million, valued at N3.57 billion in 3,189 deals
The top gainers were HONYFLOUR up +8.06% to close at N2.28; CHAMPION, up +7.14% to close at N3.75; ETI, up + 4.98% to close at N10.55; LASACO, up +4.71% to close at N0.89; and RTBRISCOE, up +4.00% to close at N 0.26
Conversely the top ASI losers include UPDC, down – 7.07% to close at N0.92; WEMABANK, down – 6.12% to close at N3.22; FTNCOCOA down – 3.33% to close at N0.29; WAPIC down – 2.63% to close at N0.37; and OANDO, down – 2.50% to close at N3.90
The top 3 stocks by volume were FBNH – 66,107,774; TRANSCORP – 36,614,367; and GEREGU – 17,473,621; while the top 3 by value include GEREGU – N1,754,209,202; FBNH – N727,028,734; and MTNN- N170,437,289
