Transactions closed in the positive territory as the Nigerian equities market rained trading activities on Tuesday after a one-day public holiday on Monday January 2nd to celebrate the new year.
The gain which marked the first gain of the year saw the all-share index appreciate by 0.67% to close at 51,595.66 points being 344.60 points higher than the last trading day of 2022 at 51,251.06 points while the market capitalisation rose by N187 billion naira to close at N28,102 trillion against N27,915 trillion last week Friday.
The market sentiment also closed positive with 23 gainers relative to 11 losers.
At the close of trading, a total of 129,174 million shares valued at N2.04 billion were traded in 4,121 deals on Tuesday.
Top on the gainers list for the day was BUA Foods with 10% price appreciation to close at N71.50k followed by John Holt with 9.59% gain and a closing price of N0.80k then Prestige Assurance Company with 9.52% and a closing price of N0.46k.
On the other hand, Chellarams lost N9.82 percent to close at N2.02k per share while Computer Warehouse Group lost 8.91% to close at 0.92k followed by FCMB Group with a loss of 8.83% and a closing price of N3.51k.
FBN Holdings recorded the highest volume of 15.1 million traded shares, followed by Guaranty Trust Holding with 13.8 million shares.
Confidence Okwuchi
