The Nigerian Exchange Group (NGX) All-Share Index is nearing the 100,000 mark, concluding Tuesday’s trading session at an ASI of 98,616.97 points.
This reflects a 2.97% increase, equivalent to a gain of 2,848.85 points from yesterday’s (Monday) closing of 95,768.12 points.
The major movers in the market were BUA Cement, and Seplat Energy gained 10%, while Dangote Cement, maintained its bullish run, gaining 9.99%.
The rally on the local equity market entered its ninth day, bumping the market capitalization of the Nigerian Exchange to about N53.97tn. At the end of trading, investors enjoyed a N1.56tn gain.
In terms of trading volume, there was a marginal appreciation of 3.56% to 747.51 million units, from yesterday’s 721.81 million units. TRANSCORP came top with an exchange of 77.71 million units, followed by STERLINGNG and UBA, which traded 72.31 million units and 52.69 million units, respectively.
Concerning value, there was a 12.95% appreciation to N16.28 billion, from yesterday’s N14.41 billion. DANGCEM took the lead, reaching NGN 3.11 billion, closely followed by UBA and ACCESSCORP, recording NGN 1.58 billion and NGN 1.35 billion, respectively.
However, the Industrial, Oil & Gas, Consumer, and I.T/Communication sectors finished positively, gaining 8.29%, 7.71%, 2.29%, and 0.58%, respectively. On the other hand, the Insurance and Banking sectors experienced declines of -4.33% and – 3.26%, respectively.
Market Indices:
NGX All-Share Index: 98,616.97 points
% Day Change: +2.97%
Day’s Lowest: 95,732.95 points
Day’s Highest: 98,947.31 points
% YTD: +31.89%
Market Cap: N53.97 trillion
Volume Traded: 747.51 million units
Value Traded: N16.28 billion
Top Gainers
SEPLAT: +10.00% to close at N2795.10
BUACEMENT: +10.00% to close at N163.35
DANGCEM: +9.99% to close at N651.80
ETERNA: +9.92% to close at N27.70
MEYER: +9.88% to close at N3.56
TRIPPLEG: +9.79% to close at N2.58
Top Losers
PZ: -10.00% to close at N31.50
MAYBAKER: -10.00% to close at N7.38
JOHNHOLT: -10.00% to close at N2.70
TIP: -10.00% to close at N2.52
DEAPCAP: -10.00% to close at N0.81
MBENEFIT: -10.00% to close at N0.72
Top Traded Stocks
In terms of volume, TRANSCORP (-9.99%) led with 77.71 million units, followed by STERLINGNG (-2.58%) with 72.31 million units, UBA (-3.07%) with 52.70 million units, ACCESSCORP (-1.54%) with 47.17 million units, and ZENITHBANK (-4.43%) with 32.03 million units.
