Domestic equity market Tuesday returned to a bullish run, gaining N166 billion following gains recorded in the shares of FBNHoldings, NSLTech, Northern Nigeria Flour Mills, SUNU Assurance, Multiverse, among others.
This resulted in market capitalisation of listed equities increasing by 0.43 per cent to N38.989 trillion from N38.823 trillion reported the previous day.
The NGX All Share Index also appreciated by 303.34 basis points to 71250.17 points from 70946.83 points traded on Monday.
An analysis of the investment showed that NSLTECH led gainers table during the day, appreciating by 10 per cent to close at N0.77 per unit, Multiverse followed with a gain of 9.95 per cent to close at N7.07 per unit, SUNU Assurance added 9.92 per cent to close at N1.33 per unit, FBNHoldings gained 9.86 per cent to close at N26.75 per unit, Thomas Way gained 9.82 per cent to close at N3.02 per share.
On the contrary, Abbey Building Society topped losers chart with 9.88 per cent to N1.55 per share, FTNCocoa trailed with a loss of 9.09 per cent to close at N1.50 per unit, Daar Communications dipped by 8.82 per cent to close at N0.31 per unit, Wapic Insurance fell by 7.14 per cent to close at N0.65 per share while Veritas Kapital down by 5.41 per cent to close at N0.35 per unit.
Volume of transactions also increased by 75.041 million, representing 20.93 per cent as investors traded 433.568 million shares valued at N11.114 billion in 71016 deals against 358.527 million shares worth N7.100 billion exchanged hands the previous day in 6433 deals.
Transactions in the shares of UACN led market activities with 61.710 million shares valued at N947.411 million, United Bank for Africa followed with account of 58.297 million shares worth N1.240 billion, GTCO Plc traded 22.997 million shares valued at N908.186 million, NIDF traded 20.517 million shares cost N2.222 billion while AccessCorp exchanged 19.984 million shares valued at N377.896 million.
