stock market closes bullish with market capitalisation up N136 billion

By Cynthia Ezekwe

The Nigerian Exchange (NGX) closed positive on Tuesday, as market capitalisation appreciated to N136 billion to close at N28,099 trillion.

The All-share Index (ASI) appreciated by 0.48 per cent to close at 51,606.49 points.

A total of 2.09 million units of shares were traded in 6,404, valued at N8.84 billion.

Market breadth closed positive as JAPAULGOLD led 33 gainers, against 9 equities that shed their share prices, topped by WAPIC.

JAPAULGOLD grew by 10.00 per cent to close at N0.33; HONYFLOUR appreciated 9.91 percent to close at N2.55; BERGER gained 9.87 per cent to close at N8.35; TRANSCORP was up 9.80 per cent to close at N2.69; while IKEJAHOTEL appreciated 9.35 per cent to close at N1.52.

On the contrary, WAPIC shed 7.32 per cent to close at N0.38; NGXGROUP lost 4.89 per cent to close at N25.30;
AIICO declined by 3.64 per cent to close at N0.53; while ROYALEX depreciated 3.17 per cent to close at N0.61.

At the end of trading activities on Tuesday, the Year-to-Date (YtD) returns settled at 0.02 per cent, while the stock market advanced by 10.83 basis points.