Equity trading at NGX
NGX: Market capitalization appreciates by N112m
Transactions on the Nigerian Exchange (NGX) took a positive turn on Tuesday as the market capitalization appreciated by N112 million to close at N22,672 trillion, compared with N22,560 trillion recorded on Monday.
In the same vein, the All-share Index rose by 0.49% to close the day at 43,444.20 points, being 213.86 basis points higher than Monday’s 43,230.34 points.
A total of 423,83 million shares valued at N4.29 billion exchanged hands in 4,181 deals.
At the end of Tuesday’s trading, the market recorded 18 gainers relative to 19 gainers.
Cutix led the gainers’ chart after its shares appreciated by N0.25k to close at N3.25k. Cornerstone Insurance Company gained N0.04k to close at N0.56k followed by Consolidated Hallmark Insurance, which gained N0.04k to close at N0.62k.
On the losing side, Total lost N24.00 to close at N216.80k. It was followed by Mutual Benefits Assurance, whose share price dropped by N0.02k to close at N0.27k and linkage Assurance, which lost N0.03k to close at N0.53k.
First Bank Holdings recorded the highest volume of 224 million traded shares for the second consecutive day followed by Sterling Bank with 32.5 million shares. VON
