Nigerian Exchange Limited

Equities Market Extends Gain Above N22 Trillion Market Value

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Nigerian stock market extended gains on Tuesday after posting a N643.14 billion gain on Monday on the back of Payment Service Bank approvals received by the two telecommunications giants, Airtel Africa and MTN Nigeria.

The Nigerian Exchange Limited (NGX) All-Share Index rose by 483.68 index points or 1.12 percent to 43,730.55 index points on Tuesday, while the market value of all the listed stocks appreciated to N22.821 trillion on Tuesday, representing a N252.4 billion gain.

Year to date, the NGX All-share Index has risen by 3,459.83  index points or 8.59 percent. Investors have now gained N895.54 billion this week.

Investors transacted 280,713,888 shares worth N3.476 billion in 4,342 deals during the trading hours of Tuesday despite investors slowing down on Airtel and MTN Nigeria stocks. Sterling Bank led the most traded stocks on Tuesday as shown in the table below.

Top Five Gainers

Symbols Last Close Current Change %Change
FTNCOCOA N 0.40 N 0.44 0.04 10.00 %
ABCTRANS N 0.30 N 0.33 0.03 10.00 %
ARDOVA N 13.55 N 14.55 1.00 7.38 %
UACN N 10.50 N 11.25 0.75 7.14 %
LIVESTOCK N 2.05 N 2.19 0.14 6.83 %

Top Five Losers

Symbols Last Close Current Change %Change
BERGER N 9.45 N 8.55 -0.90 -9.52 %
CAVERTON N 1.87 N 1.70 -0.17 -9.09 %
UPL N 2.30 N 2.13 -0.17 -7.39 %
REGALINS N 0.44 N 0.41 -0.03 -6.82 %
CONOIL N 23.00 N 21.70 -1.30 -5.65 %

Top Five Trades

Symbols Volume Value
STERLNBANK 83312950.00 125056019.19
UACN 34207385.00 360536281.95
ZENITHBANK 17477615.00 427157003.15
UCAP 17450023.00 169806595.20
ACCESS 15272567.00 144365524.80
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