The Nigerian stock market swung back to the positive territory at the end of Tuesday’s trade as bargain-hunting impacted the market capitalisation moderately.
A positive market breadth posted as there were 19 gainers against 10 losers. The All Share Index (ASI) expanded by 0.19% basis points to close at 21,741.16. The market capitalisation closed at N11.330 trillion. Year to date, the index is down by 19%.
TOP 5 GAINERS
NPFMCRFBK led the gainers’ chart today, appreciating by 9.52% to close at N1.15. Stanbic went up by 9.43% to N26.10. Transcorp rose to N0.61, notching up 8.93% in the process. Jaiz Bank added 8.89% to end today’s trade at N0.49. SAHCO completed the top 5, climbing by 8.66% to N2.51.
TOP 5 LOSERS
Caverton was the worst performing stock today, declining by 10% to close at N2.25. Conoil shed 9.93% to close at N13.15. NASCON fell to N8.50, losing 9.95%. ETI slumped to N4.05, recording 8.99% depreciation. Cadbury closed at N5.15, going down by 8.85%.
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TOP 5 TRADES
330.102 million shares estimated at N3.569 billion were traded today in 4,561 deals.
GTB was the most active today with 78.899 million units of its stocks worth N1.320 billion traded in 624 deals. 77.194 million units of Zenith shares priced at N852.874 exchanged hands in 877 transactions. Access had 36.035 million shares valued at N198.352 million traded in 286 deals. FBN Holdings traded 24.711 million shares estimated at N96.354 million in 282 transactions. UBA traded 18.812 million shares valued at N84.265 million in 371 deals.