Investors at the Nigerian capital market gained N2.54 billion on Tuesday following a 0.01 percent rise in the equity capitalization at the close of the day’s trading.
The market value rose from N20.275 trillion posted on Monday to N20.278 trillion on Tuesday.
The All Share Index was up by 4.88 basis points to close at 38,920.50 compared to 38,915.62 reported the previous day.
Investors traded 228.47 million shares valued at N1.87 billion in 3,376 deals on Tuesday.
This surpassed the 201.10 million shares worth N2.52 billion that exchanged hands in 3,340 deals on Monday.
UPDC led the gainers’ chart after its share price appreciated by 9.93 percent to move from N1.51kobo to N1.66kobo per share.
Academy’s share price was up by 8.33 percent to end trading at N0.39kobo from N0.36kobo per share.
Courville’s share price rose by 7.41 percent to move from N0.27kobo to N0.29kobo per share at the end of trading.
Vitafoam’s share price increased by 3.88 percent to end trading with N17.40kobo from N16.75kobo per share.
Livestock’s share price rose by 2.88 percent to move from N2.04 to N2.14kobo per share.
Sovereign Insurance topped the losers’ chart after shedding 7.41 percent from its share price to drop from N0.27kobo to N0.25kobo per share.
UPL share price declined from N1.09kobo to N1.02kobo per share following a loss of 6.42 percent in its share price.
Regal Insurance share price plunged by 6.25 percent to end trading at N0.45kobo from N0.48kobo per share.
UAC Nigeria share price declined from N10.30kobo to N9.80kobo per share after losing 4.85 percent in share price during trading.
Chams completed the list as its share price fell by 4.55 percent to end trading at N0.21kobo from N0.22kobo per share.
Wema Bank was the most active stock as investors traded 46.76 million shares worth N35.97 million.
Access Bank shares were traded at a volume of 28.23 million and valued at N263.49 million.
UBA was next with 17.76 million shares traded at a cost of N135.07 million.
Mutual Benefit reported 17.24 million shares worth N4.87 million, while Fidelity Bank recorded over 14.79 million traded shares at a value of N36.06 million.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
SPECIAL REPORT: Illegal miners degrade Ekiti community, engage in child labour
The activities of illegal miners in a community in Ekiti State have caused degradation of the environment, as miners engage...
SPECIAL REPORT: Inside the illegal trading of forest woods in Cross River community
“With a N20,000 bribe, an external buyer can influence the youth in host communities , Cross River State, to cut...
SPECIAL REPORT: Enugu govt watches as waste takes over state, threatens public health, environment
In this report, Arinze Chijioke looks at how delays in evacuation of waste in Enugu State encourages indiscriminate waste disposal, its health implications, and how...
INVESTIGATION: NDDC awards N1bn road contract to poultry farm
The Niger Delta Development Commission (NDDC) in what appears a breach of procurement laws, awarded a contract worth N1.028 billion...
FEATURE… Hard job, low income: Agony of Nigerian commercial drivers
Amid increase in fuel price over the years, coupled with bad roads and insecurity in Nigeria, many commercial drivers have...