Gains persisted on the Nigerian equities market on Tuesday as major indices appreciated to keep the bullish trend on for the second day of trading this week.
The market capitalisation rose by N14 billion to close at N28,643 trillion as against N28,629 trillion recorded on Monday.
Similarly, the all share index appreciated by 0.05% or 25.89 basis points to close at 52,605.41 points at the close of trading.
The market sentiment also closed in the positive territory with 32 gainers and 20 losers.
A total of 640.96 million shares with market value of N7.13 billion were traded in 5,684 deals on Tuesday.
Conoil was top on the gainers list with a price gain of 10% and a closing price of N48.40k. After it came Multiverse Mining & Exploration with 9.97% gain and a closing price of N3.75k followed by John Holt with 9.77% gain and a closing price of N1.91k.
On the losing side, Unity Bank came out last with a price loss of 9.26% to close at N0.49k, followed by Japaul Gold and Ventures which lost 8.82% to close at N0.31k then Cutix share price declined by 8.8% to close at N2.28k.
Access bank recorded the highest volume of 130 million shares and was followed by United Bank for Africa with 91.1 million shares.
Confidence Okwuchi
