The Nigerian equities market sustains bullish run as the All Share Index (ASI) of the Nigerian Stock Exchange (NSE) recorded 0.34 per cent gain at the close of activities, on Tuesday to settle at 25,335.15 basis points moderating Year-to-Date (YtD) return at – 5.6 per cent, while the Month-to-Date return turned positive by 0.3 per cent.
Consequently, equities investors gain N44.44 billion as the market’s capitalization closed at N13.216 trillion as against the opening of N13.171 trillion.
However, market breadth was negative with 13 gainers versus 22 losers, as gains from BUA Cement and Dangote Sugar outweighed losses.
BOC Gasses, Mutual Benefit and Royal Exchange topped the gainers’ chart having advanced by ten per cent to close at N4.51 Kobo, 22 Kobo and 22 Kobo per share respectively.
Also, Neimeth gained 9.79 per cent to its share value to close at N2.13 kobo per unit; Prestige Insurance gained six kobo to close at 70 kobo per share, Linkage Assurance closed at 50 kobo per share after gaining 4.17 per cent, while BUA Cement shares advanced by 4.10 per cent at a closing price of N43.20 kobo per share.
On the other hand, Mobil led the losers’ chart trailed by Fidson, Japaul Oil, Redstar Express and Jaiz Bank as their share value depreciated by 9.96, 7.69, 7.41, 6.56 and 5.63 percentile respectively.
The total volume of trades increased by 16.6 per cent to 268.74 million units, valued at N1.12 billion and exchanged in 4,137 deals. Mutual Benefit was the most traded stock by volume at 99.45 million units while Guaranty Trust Bank was the most traded stock by value at N170.44 million.
YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE
Buy and read digital replicas of your TRIBUNE titles by subscribing through E-VENDING
Why Schools Must Remain Shut For Now ― Minister
PARENTS and school children anxious for reopening schools will have to wait a little more as the Federal Government on Monday insisted that the schools remain shut for now. Minister of State for Education, Chukwuemeka Nwajiuba, speaking on Monday at the Presidential Task Force on COVID-19 news briefing described as fake news timetables purported released from the Ministry of Education on the conduct of West African Examination Council examinations being circulated on the social media… Read full story
After Pressure From Govs, Buhari Delays Gazetting Of Executive Order On Autonomy For State Legislatures, Judiciary
Pressured by state governors, President Muhammadu Buhari has agreed to delay the gazetting of Executive Order 10, which he recently signed, to grant autonomy to state legislature and judiciary… Read full story
COVID-19: Nigeria Records 315 New Cases, Total Now 12,801
The Nigeria Centre for Disease Control (NCDC) has confirmed 315 new cases of COVID-19 in the country, bringing the total number of confirmed infections to 12,801… Read full story
The Nigeria Police Force (NPF) has formally launched the Police Schools Protection Squad (SPS) for…
The Congress for Progressive Change (CPC) bloc within the All Progressives Congress (APC) has affirmed…
Aladeseyi was arraigned along with two chiefs of the community, Fasore Lawrence and Adegbenro Akanle,…
As the Catholic Church prepares to elect a new leader, the world turns its eyes…
Members of the All Progressives Congress (APC), All Progressives Grand Alliance (APGA), Peoples Democratic Party…
"We can't also punish the students for refusing to pay for the next session in…
This website uses cookies.