The bullish trend on the Nigerian equities market continued on Tuesday as market capitalisation raked in a gain of N194 billion to close at N56,083.
In the same manner, the all-share index appreciated by 0.35% to close at 99.190.46 basis points, a difference of 342.57 from Monday’s 98.847.89.
The market sentiment however closed in the negative with 37 losers as against 10 gainers.
The top performers for the day included Transcorp Power with a 10% price gain and a closing price of N290.40, followed by Transcorp Nigeria also with a 10% price gain with a closing price of N17.27 after which came First Bank Nigeria holdings with 9.88% gain and a closing price of N31.15k per share.
On the other hand, National Salt Company came out last after losing 10% to close at N48.15. It was closely followed by International Breweries with 10% loss and a closing price of N4.32k while May & Baker Nigeria lost 9.93% to close at N5.08k.
The highest traded shares for the day was recorded by Transcorp Power which traded 68 million shares, followed by United Bank for Africa with 23.4 million shares.
Tuesday’s trading saw a total of 398.13 million shares with market value of N31.8 billion traded in 10,976 deals.
