The Nigeria’s equity market Tuesday remained bullish, appreciating by N52 billion amid renewed bargain-hunting activities.
Market capitalisation of listed equities on Tuesday appreciated by N52 billion or 0.16 per cent to N32.185 trillion from N32.133 trillion reported the previous day.
The NGX All Share Index also increased by 95.17 basis points to 59110.02 points from 59014.85 points traded on Monday.
Trading in the shares of United Bank for Africa, GTCO Plc, Transcorps, Access Corp lifted market activities during the day.
An analysis of the Investment showed that Academy Press Plc, Sky Ways, Chams Plc and Guinnea Insurance led gainers table during the day in percentage terms, appreciating by 10 per cent each to close at N1.98 per share, N7.70, N0.44 per unit and N0.22 per share respectively, Learn Africa followed with a gain of 9.92 per cent to close at N2.66 per share.
On the contrary, C &I Leasing topped losers chart, dropping by 10 per cent to N4.05 per share, Cornerstone Insurance trailed with a loss of 9.82 per cent to close at N1.01 per share, NSL Tech and Veritas Kapital down by 8.70 per cent each to close at N0.42 and 0.21 per share respectively. RTBriscoe Plc dipped 8.11 per cent to close at N0.34 per share.
Volume of trades increased by declined by 304.100 million representing 34.06 per cent as investors exchanged 588.854 million shares valued at N8.960 billion in 8272 deals against 892.954 million shares valued at N11.147 billion in 9274 deals.
Transactions in the shares of United Bank for Africa led activity chart during the day with 78.511 million shares valued at N907.474 million, GTCO Plc followed with account of 65.398 million shares worth N2.107 billion, Transnational Corporation of Nigeria traded 33.706 million shares valued at N112.040 million, AccessCorps traded 31.378 million shares cost N466.626 million while Veritas Kapital traded 27.759 million shares cost N6.088 million
