Trading activities resumed Tuesday with N167 billion gain on the floor of the Nigeria Stock Exchange (NSE) after a two day-break following the public holidays declared by the Federal Government for the yuletide.
Although the market suffered a marginal loss on Thursday, it, however, hit the N20 trillion mark for the first time in history.
Tuesday’s trading saw the market sustaining its recent rally, with the All-Share Index (ASI) appreciating by 0.80 per cent to close at 39,110.17 basic points, compared to the 38.800.01 basic point it posted on Thursday, the last day of trading for last week.
The equities capitalisation also rose by N167bn or 0.80 per cent to close at N20. 446 trillion, from the N20. 279 trillion on Thursday.
The gains made by BUA Cement, Acess Bank, NPF Micro Finance Bank, Zenith Bank and NEM insurance impacted the market on Tuesday.
Investors traded in 722.565 million shares worth N4. 380 billion in 5,042 deals while the market breadth recorded a positive trajectory, with 33 gainers and 20 losers on the main board of the NSE.
The losers chart was led in percentage terms by NCR Nigeria Plc, dipping by 9.68 per cent to close at N1.96 per share.
Also, CAP Plc, shed 2.44 per cent to close at N20 per share, while Flour Mills fell by 1.61 per cent to close at N27.5 per share.
In the same vein, Guinness Nigeria and Guaranty Trust Bank depreciated by 1.03 and 0.30 per cent to close at N29.3 and N32.7 per share respectively.
Conversely, NEM Insurance led the gainers chart in percentage terms by 9.56 per cent to close at N1.49 per share.
Like wise, NPF Micro Finance Bank gained 8.39 per cent to close at N1. 68 per share, while BUA Cement leapt by 6.67 per cent to close at N64 per share.
Acess Bank rose by 4.07 per cent to close at N8. 95 per share, while Zenith Bank appreciated by 2.04 per cent to close at N25 per share.
The market activity chart was led in volume ramifications by AIICO Insurance, when it traded in 273. 128 million shares worthN326.092 million, while Oando traded 81.449 million shares valued at N323.325 million.
FBN Holdings followed with 41.089 million worth of shares at N294.211 million, while Acess Bank sold 40.134 million shares worth N353.273 million. Also, Champion Breweries completed the top five activity chart when it traded 36.324 million shares at N30.158 million
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