[ad_1]
Nigeria’s equities market garnered about N109billion on Tuesday, its second gain this week, as buy-side activities increased further at the nation’s bourse.
The market increased by 0.39 percent as investors bought shares of Nigerian Breweries, Transcorp and others. The market’s positive return year-to-date (YtD) also increased to 2.28percent.
Read also: 76% of business owners say naira crunch impacted operations – SBM
The stock market’s benchmark performance indicators – the All-Share Index (ASI) and its equities market capitalisation rose from preceding day’s 52,231.29 points and N28.440trillion to 52,432.61 points and N28.549trillion.
Nigerian Breweries led the gainers after rising by N3.20 or 9.97percent, from N32.10 to N35.30. It was followed by Transcorp Plc which rose from N2.84 to N3.11, adding 27kobo or 9.51percent.
Banking stocks continued to dominate trading. For instance, actively traded stocks include UBA, Transcorp, Access Corporation, Zenith Bank, and FBN Holdings. In 6,019 deals, investors exchanged 567,557,527 shares valued at N6.665billion.
[ad_2]