Nigeria’s equities market started the final trading week of the year with positive note that met renewed bargain hunting by investors.
At the end of Tuesday’s trading session, the Nigerian Stock Exchange all share index stood at 0.80% while the market’s overall value-Market Capitalisation increased by N167.64 billion to close the day at N20.44 trillion.
The significant performance of the main indicators was driven by normalcy in equities with 19 gainers and 20 losers.
Jazz Bank emerged top on the gainers list with 10% increase on its share price to close at N0.66k per share from an opening of N0.60k followed by NEM Insurance Plc withb9.56% to close at N1.44k per share from an opening of N1.36k while Lasaco had 8.82% to close at N0.37k per share from an opening of N0.34k.
On the flipside, NCR Nigeria Plc led the loser’s chart with -9.68% to close at N1.96k per share from an opening of N2.17k FTN Cocoa followed with -8.99% loss to close at N0.81k per share from an opening of N0.89k and TransExpr had -8.86% to close at N0.72k per share from an opening of N0.79k.
AIICO Insurance was the major contributor to more than 722.56 million equities valued at N4.38 billion traded today in 5,045 deals.
Mercy Chukwudiebere
