Trading on the Nigerian Exchange Ltd. (NGX) closed on a positive note on Tuesday, with investors gaining ₦426.28 billion.
Market capitalisation rose 0.65%, moving from ₦66.069 trillion to ₦66.495 trillion, while the NGX All-Share Index (ASI) increased by 683.65 points, closing at 106,574.98.
The session recorded a trading volume of ₦11.762 billion across 15,561 deals, with 40 gainers outpacing 25 losers.
Top Gainers
- Ellah Lakes led the gainers with a 10% increase, adding ₦0.33 to close at ₦3.63.
- Honeywell Flour followed, rising 9.93% (₦1.04) to ₦11.50.
- UBA appreciated 1.84% (₦0.70) to ₦38.80, while FBN Holdings gained 0.93% (₦0.30) to close at ₦32.50.
Top Losers
- International Energy Insurance declined 9.78% (₦0.22) to ₦2.03.
- Eunisell Chemicals dropped 9.74% (₦1.30) to ₦12.05.
With the bullish trend persisting, market analysts anticipate sustained investor confidence in the coming sessions.
Credit: NAN (Text Excluding Headline)
