Transactions on equities on floor of the Nigerian Exchange Group Limited, NGX remained bullish for the second trading session this week as the benchmark index gained 0.51 percent.
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Tuesday’s business ended with market capitalisation of listed equities appreciating by N185 billion to close at increased to N36.390 trillion higher than the N36.205 trillion recorded on Monday.
Consequently the major market index, the All-Share Index appreciated by 338.96 basis points, representing a 0.51% increase to close at 66,490.34 compared to 66,151.38 of the previous day.
At the end of the day’s trading session, market sentiment when measured by the market breadth was positive with 436.96 (40.45%) million unit of shares worth N7.01 billion (79.14%) exchanged hands in 7,932 (10.27%) deals.
Investors also recorded gains on 34 stocks as against 32 losers.
Champion Breweries and FlourMills led the gainers chart with a10% profit on their respective share prices to close at N3.19k and N33.00k.
NASCON followed with a 9.96% gain on its share price to close at N54.10k; then
NAHCO recorded a 9.95% profit on its share price to close at N22.10k.
On the decliners chart, Linkage Assurance Plc and CWG recorded a 10% loss on their respective share prices to close at N0.90k and N4.05k. CHELLARAM followed with a 9.85% drop on its share to close at N3.57k while PRESTIGE shares dropped by 9.80%, to close at N0.46k.
