Investors trade N2.48bn shares at NGX

Volume of trades on the floor of Nigerian Exchange increased by 29.07 per cent on Tuesday as investors traded 154.460 million shares valued at N2.475 billion in 4187 deals This is against 123.545 million shares worth N2.483 billion exchanged hands the previous day in 4016 deals.

The NGX trading result during the day showed that market capitalisation of listed equities declined slightly by N1 billion or 0.002 per cent to N30.290 trillion from N30.291 trillion reported on Monday.

The NGX All Share Index also depreciated by 1.63 basis points to 55603.94 points from 55605.57 reported the previous day.

An analysis of the transactions showed that Caverton led gainers table in percentage terms, appreciating by 9.62 per cent to N1.14 per share, UACN followed with a gain of 7.00 per cent to N9.20 per unit, Wapic Insurance gained 5.0 per cent to close at N0.42 per share, Mansard insurance added 4.00 per cent to close at N2.09 per share, Chams Plc 3.85 per cent to close at N0.27.

On the contrary, MRS Oil pls topped losers chart in percentage terms, declining by 10.00 per cent to close at N31.05 per share, NCR trailed with a loss of 9.88 per cent to close at N2.92 per share, Multiverse dipped by 9.85 per cent to close at N3.57 per unit, Veritas Kapital dropped by 9.09 per cent to close at N0.02 per shares, Cutix Plc fell by 9.09 per cent to close at N2.00.

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