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The equities market on Tuesday reversed several days of trading losses with N66 billion profit for investors at the close of trading.
This followed the growth in the share prices of stocks like LEARNAFRICA, OANDO, and CUTIX amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization rose to N54.4 trillion from N54.3 trillion recorded by the bourse on Monday.
The All-Share Index (ASI) also increased to 95,895.92 from 95,779.79 recorded the previous day.
The market breadth was negative as 19 stocks advanced and 23 declined, while 77 others remained unchanged in 8,295 deals.
LEARNAFRICA, OANDO, and CUTIX led other gainers with 9.94%, 9.90%, and 9.85% growth each in share prices to close at N3.87, N43.40, and N2.90 from the previous N3.52, N39.40, and N2.64 per share.
READ ALSO: NGX: Investors lose N84b as stocks tumble
On the flip side, THOMASWY, OMATEK, and FTNCOCOA led other price decliners as they shed 9.71%, 6.85%, and 6.80% each to close at N1.58, N0.68 and N1.92 from the initial N1.75, N0.73, and N2.06 per share.
On the volume index, JAIZ BANK led trading with 651 million shares valued at N1.4 billion in 149 deals followed by STERLINGNG which traded 53 million shares valued at N218 million in 70 deals.
INTERNATIONAL BREWERIES traded 28 million shares valued at N127 million in 134 deals.
On the value index, JAIZ BANK recorded the highest value for the day trading stocks worth N1.4 billion in 149 deals followed by SEPLAT which traded equities worth N1.30 billion in 102 deals.
GTCO traded shares valued at N692 million in 27 deals.
The post NGX: Equities market recovers as investors gain N66bn appeared first on Latest Nigeria News | Top Stories from Naomisophyblog.
