NGX: Market capitalization appreciates by N138 billion     

Toyin Ajadi

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The Nigerian Exchange (NGX) Equities Market recorded the first gain of the week on Tuesday as the market capitalization gained N138 billion to close trading at N24,059 trillion compared with N23,921 trillion on Monday.



The all-share index also appreciated by 0.58% or 256.23 points to close at 44,655.89 points on Tuesday.



Investors exchanged 235.23 million deals with market value of N1.92 billion in 4,151  deals.



The market sentiment for the day was also positive as the market recorded 27 gainers and 13 losers.



Top on the gainers’ list for the day was Skyway Aviation Handling Company with a gain of 0.53k to close at N5.83k. It was followed by Courteville Business Solutions with a gain of 0.03k to close at N0.38k, while FTN Cocoa Processors gained 0.03k to close at 0.39k.



On the losing side, N.E.M Insurance Company lost 0.33k to close at N3.63k, followed by Sunu Assurances Nigeria, which lost 0.02k to close at 0.32k. Next was Regency Alliance Insurance, which lost 0.02k to close at 0.45k.




Transcorp Nigeria had the highest volume of 38.1 million traded shares followed by Guaranty Trust Holding with 18.7 million traded shares.
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