NGX: Stock Market Performance Indices Up by 0.33%

The stock market on Tuesday maintained bullish trend, bringing the benchmark indices up by 0.33 per cent, to close at N39.349 trillion as against N39.219 trillion recorded on Monday.

Specifically, the market capitalisation gained N130 billion, representing 0.33 per cent.

Also, the All-Share Index gained 327.35 points or 0.33 per cent to stand at 71,907.26 as against 71,669.91

The increase was due to sustained buying interest in MTN Nigeria and Tier-one bank stocks; namely Guaranty Trust Company(GTCo) Access Holdings, among others.

As a result, the Year-to-Date (YTD) return rose to 40.30 per cent.

On top stock traders, Julius berger led by volume with N42.54millon, valued at N14.73billion, while GTCo was the most traded stock by value with N84.92 billion units traded.

The gainers table was led by Infinity with 9.79 per cent to close at N2.13 per share.

SCOA Nigeria Plc followed with a gain of 9.45 per cent to close at N1.62, while Daar Communication rose by 8.82 per cent to close at N0.37 per share. Nigeria Eurobond Slumps after CBN Resumes OMO Auction

Royal Exchange increased by 8.47 per cent to close at N0.64, while Neimeth appreciated by 7.89 per cent to close at N2.05 per share.

On the other hand, Guinea Insurance led the losers’ chart in percentage terms by 10 per cent to close at N0.27 per share.

This was followed by Conoil with 9.83 per cent to close at N78.00 per share.

Juli shed 9.72 per cent to close at N0.65, Omatek closed at 8.75 per cent, indicating loss of N0.73, while Thomaswy lost 8.13 per cent to close at N3.05.

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