The domestic equity market opened the new week on Tuesday on a bullish run, gaining N213 billion, following profits recorded by some medium and highly capitalised stocks.
Gains recorded in the shares of BuaCement, Oando, RTBriscoe and others impacted positively on the market.
The market capitalisation of listed equities which closed on Friday at N36.331 trillion appreciated by 0.59 per cent to N36.544 trillion on Tuesday.
The NGX All Share Index also appreciated by 388.83 basis points to 66770.97 points from 66382.14 points recorded the previous day.
A review of the investment showed that BUA Cement led the gainers table in percentage terms with 9.94 per cent to close at N94.00, Betaglass followed with a gain of 9.93 per cent to close at N66.95 per unit, RTBriscoe added 9.93 per cent to close at N1.66 per unit, Oando Plc increased by 9.55 per cent to close at N8.60 per share, UAC of Nigeria gained 8.30 per cent to close at N10.85 per unit.
On the contrary, Linkage Assurance topped losers’ chart, dropping by 10 per cent to close at N0.72 per share, CWG followed with a gain of 9.94 per cent to close at N7.79 per share, Redstarex fell by 9.86 per cent to close at N2.65 per unit, Tantalizer dipped by 9.38 per cent to close at N0.29 per unit while UPDC REIT declined by 8.97 per cent to close at N3.55 per share.
Volume of transactions increased by 71.378 million, representing 24.37 per cent as investors traded 364.321 million shares valued at N3.851 billion in 7537 deals against 292.943 million shares costing N4.531 billion exchanged hands the previous day in 6323 deals.
Transactions in the shares of Chi Plc led market activities with 71.536 million shares valued at N94.676 million, Fidelity Bank followed with 33.222 million shares cost N272.335 million, Oando Plc traded 26.190 million shares valued at N219.864 million, GTCO Plc exchanged 21.440 million shares cost N752.681 million, AccessCorp traded 19.916 million shares cost N318.621 million.
