The equities market sustained the bullish trend on Tuesday as investors gained N271 billion at the close of the day’s trading.
This followed an increase in the share prices of stocks like Total, Julius Berger and John Holt amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization increased to N55.4 trillion from N55.1 trillion recorded by the bourse on Monday.
The All-Share Index (ASI) also increased to 96,510.13 from 96,037.28 recorded the previous day.
The market breadth was positive as 47 stocks advanced and 14 declined, while 54 others remained unchanged in 8, 302 deals.
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Total, Julius Berger and John Holt led other gainers with 10% growth each in share prices to close at N619.30, N143.00, and N3.08 from the previous N563.00, N130.00, and N2.08 per share.
On the flip side, UPL, CUTIX and VITAFOAM led other price decliners as they shed 9.58%, 6.25%, 5.17% each to close at N2.17, N3.00 and N18.35 from the initial N2.40, N3.20, and N19.35 per share.
On the volume index, VERITASKAP led trading with 83 million shares valued at N122 million in 355 deals followed by ACCESS CORP which traded 55 million shares valued at N1.06 billion in 377 deals.
UNIVINSURE traded 29 million shares valued at N95 million in 99 deals.
On the value index, ACCESS CORP recorded the highest value for the day trading stocks worth N1.06 billion in 377 deals followed by GTCO which traded equities worth N599 million in 255 deals.
FBNH traded shares valued at N519 million in 405 deals.
By: Babajide Okeowo
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