Benchmark index rises by 0.19% to sustain gains 

By Toyin Ajadi, Lagos

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The equities market recorded another day of gain on Tuesday as the benchmark index appreciated by 0.19% to close at 47,482.73 basis points.

This comes just as the market capitalisation also rose by N47 billion to close the day’s trading at N25,590 trillion.

The market sentiment however closed in the negative territory with the market recording 15 gainers relative to 34 gainers at the close of trading.

Investors exchanged 370.54 million shares worth N7.85 billion in 6,045 deals on Tuesday.

Top on the gainers table for the day was Seplat Petroleum Development Company which appreciated by N85.90k to close at N945.80k. It was followed by Royal Exchange with share price appreciation of N0.13k and a closing price of N1.50k and Courteville Business Solutions with a gain of N0.05k to close at N0.60k.

On the losing side were Cutix which lost N0.27k to close at N2.43,followed by Learn Africa which lost N0 26k to close at N2.35k and Global Spectrum Energy which lost N0.41k to close at N3.78k.

FCMB emerged the most active stock for the day with 57.6 million shares followed by Transcorp Nigeria with 45.2 million shares.

 

 

Mercy Chukwudiebere

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