Trading activities on the floor of the Nigerian Stock Exchange (NSE) regained momentum on Tuesday, May 26, when the twin market indicators, closed in the positive zone.
The All-Share Index and market capitalization leaped by 0.43 per cent respectively.
The All Share Index appreciated by 146.83 basis points or 0.43 per cent to close at 34,298.64 points as against 34, 151.81 points recorded on Monday, May 25, while market capitalization gained N49.886 billion to close at N11.653 trillion compared with N11.603 trillion recorded on Monday, May 25.
Investors at the close of trading on Tuesday, May 26, traded a total of 557.614 million shares valued at N3.714 billion in 3,663 transactions compared with 220.475 million shares valued at N2.745 billion in 3,612 transactions recorded on Monday , May 25, with the financial services sector accounting for a total of 472.721 million shares valued at N1.199 billion in 2,041 deals as against 170.930 million shares valued at N1.170 billion in 1,875 deals recorded on Monday, May 25.
However, in the banking sub-sector, investors traded a total of 205.158 million shares valued at N1.623 billion in 1,384 transactions as against 116.097 million shares valued at N962.683 million in 1,119 transactions recorded on Monday, May 25.
Petroleum marketer, Forte Oil led the gainers’ table when it appreciated by 720 kobo to close at N185.00 per share, followed by building materials’ Dangote Cement, which grabbed 200 kobo to close at N179.00 per share, Nestle Nigeria added 100 kobo to close at N871.00 per share, Presco increased by 99 kobo to close trading at N31.00 per share, while Julius Berger Nigeria nicked 70 kobo to close at N52.70 per share, among others.