Equities trading on the floor of Nigerian Stock Exchange (NSE) closed on a positive note on Tuesday, with lead market indicators recording 0.58 per cent growth, following gains by some blue-chip companies.
In specific terms, the market capitalisation increased by N75 billion or 0.58 per cent to close at N12.96 trillion against N12.89 trillion recorded on Monday. Also, the All-Share Index rose by 204.85 points or 0.58 per cent to close at 35,516.21 points compared with 35,311.36 posted on Monday.
At the close of business for the day, trading results showed Total Oil led the gainers’ table with N9 gains to close at N190 per share.
Flour Mills followed with a gain of N1.2 to close at N24.8, while Guaranty Trust Bank added N1 to its value to close at N39 per share. PZ improved by 95 kobo to close at N14, while Dangote Sugar appreciated by five kobo to close at N15.5 per share.
Conversely, Glaxosmith topped the losers’ chart, shedding N1 to close at N14, while ETI and Forte Oil trailed with a loss of seven kobo each to close at N19.3 and N22.3 per share, respectively. Nigeria Breweries was down five kobo to close at N100 per share, while Custodian lost 35 kobo to close at N5.1 per share.
Similarly, the volume of shares traded at the Exchange rose by 89.97 percent, while the value of shares transacted increased by 172.43 percent.
Investors traded a total of 339.68 million shares valued at N5.50 billion in 3,394 deals as against the 178.810 million shares on Monday.