The Nigerian Exchange Group Limited maintained its positive trend, with its All-share index rising by 0.19% to close at 70,613.60 points on Tuesday.
Although, investors at the local bourse witnessed a number of losers 25 which outweighed that of the
gainers 22 at the end of the trading session.
Consequently, the year-to-date gain of the Exchange rose to 37.78% as market capitalisation reached N38.80 trillion.
Specifically, stocks such as PZ, GLAXOSMITH, DAARCOMM, JAPAULGOLD and INTBREW enjoyed investors’ patronage as their respective share prices surged by 10.00%, 9.93%, 9.52%, 9.35% and
8.43%, respectively indicating a bullish market mood.
Furthermore, performance by sub-sector index pointed to bullish sentiment as the NGX Banking Index, NGX Insurance
Index, NGX Consumer Goods Index and NGX Industrial Goods Index gained by 0.01%, 0.15%, 0.31%, and 0.03% respectively while bearish sentiment claimed the NGX Oil/Gas Index as it fell by 0.27%.
Market activity showed further improvement as the total deals and traded volume for the day soared by 3.85% and 14.90% to 7,100 trades and 449.28 million units. The total value for the day, however declined by 29.34% to N5.44 billion.
FBNH was the most traded security in terms of volume and value with 52.02 million units worth N1.03 billion traded during the Tuesday session, changing hands in 373 deal.
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