The Nigerian stock market added N32.66 billion on Tuesday, with NEM, Wapic and Japaul leading gainers.
The Insurance Index topped the sectorial indices, adding 1.62% to close at 131.96 basis points.
There were 21 losers compared to 15 losers, which made the market turn in a negative breadth.
The All Share Index (ASI) inched up by 0.25% to close at 25,291.73 basis points. Market capitalisation rose to N13.194 trillion at the end of today’s trade.
Year to date, the index is down by 5.78%.
TOP 5 GAINERS
NEM led gainers, appreciating by 9.63% to close at N2.05. Wapic added 6.25% to end today’s trade at N0.34. Dangote Sugar went up by 9.69% to N14.15. Japaul rose to N0.22, notching up 4.76% in the process. Champion Breweries completed the top 5, climbing up by 3.03% to N17.
TOP 5 LOSERS
Beta Glass topped the losers’ chart, declining by 9.99% to close at N55.40. May & Baker shed 9.90% to end today’s trade at N2.73. Arbico fell to N1.14, losing 9.52% in the process. C & I Leasing slumped to N4, recording 9.09% depreciation. Cutix closed at N1.75, going down by 7.89%.
TOP 5 TRADES
251.340 million shares estimated at N1.158 billion were traded today in 3,713 deals.
Transcorp was the most active stock with 94.882 million of its stocks worth N52.278 million traded in 315 deals. 33,171 million units of UBA shares priced at N216.454 million exchanged hands in 249 transactions. Wema had 14.551 million shares valued at N7.428 million traded in 33 deals. Zenith Bank traded 10.434 million shares estimated at N176.447 million in 291 transactions. Sterling Bank traded 9.633 million shares valued at N11.288 million in 49 deals.
Join the conversation
INVESTIGATION… Ten years after, communities count losses as AfDB, Cross River govt abandon road project
Ten years after the Cross River State government and African Development Bank (AFDB) jointly awarded the Yahe-Wanokom-Wanikade-Benue border road for...
INVESTIGATION….N.3bn down the drain: Why water projects for Enugu communities don’t work
In this concluding part, ARINZE CHIJIOKE talks about some of the projects that are serving the people and how various WASH programmes have failed to tackle...
INVESTIGATION…PARKVIEW ESTATE: Exclusive images of how billionaire property developer incurred Lagos govt‘s anger
Many have seen the demolished building, but not many know the circumstances that led to the teardown of the about...
INVESTIGATION… N.3bn down the drain, as Enugu communities suffer from dry taps
In November 2020, three organizations and the Enugu State government celebrated the completion of N300 million worth of projects that were expected...
INVESTIGATION… How herdsmen crisis compounds woes of already deprived Ogun communities
Earlier in January, the Nigerian media space was awash with reports of violence between herders and farmers across the country....