Transactions on the floor of the Nigerian Stock Exchange, NSE, on Tuesday, January 30 closed in an upward trajectory pushing up value of lead market indices.
As such, the All-Share Index appreciated by 0.42 percent or 187.31 points to close at 44,493.79 points, bringing the year-to-date rate to 16.34 percent. Meanwhile the market capitalisation surged by N67 billion to finish at N15.950 trillion.
Market Breadth ended positive with 38 stocks, paired against 24 losing equities, with Guinness Nigeria was emerging the day’s biggest gainer, jumping by N3 to settle at N113 per share.
It was followed by Beta Glass, which leaped by N2.95k to close at N62.35k per share, and Dangote Cement, which increased by N2 to finish at N270 per share. Presco grew by N1 today to end at N71 per share, while Stanbic IBTC also went up by N1 to finish at N46 per share.
On the other hand, Nestle the laggards’ chart after losing N30 to settle at N1470 per share. Seplat trailed after depreciating by N7.60k to close at N685 per share, and CCNN went down by 49k to end at N17.60k per share.
Unilever lost 30k to close at N44.20k per share, while Air Service declined by 25k to finish at N5.35k per share.
A total of 877 million shares worth N7.4 billion shares exchanged hands in 8,780 deals today compared with the 573.4 million equities bought and sold yesterday in 6,756 deals valued at N5.9 billion.
The Financial Services sector led the activity chart with 566.2 million shares exchanged for N3.5 billion, while the Conglomerates industry followed with 162.3 million equities traded for N416 million.
Transcorp topped the activity chart with a total of 161 million shares transacted for N393.7 million, followed by Diamond Bank, which sold 99.9 million shares valued at N318.4 million.
Skye Bank traded 93.6 million shares worth N141.3 million, Honeywell Flour exchanged 87.2 million units valued at N260.9 million, while FCMB transacted 74 million shares for N240.8 million.
At the close of trading activities on Tuesday, the volume of equities transacted by investors increased by 52.96 percent, while the value rose by 26.38 percent.
