Punch Newspapers – Latest News
The Nigerian Exchange extended its bullish run on Tuesday, gaining N26bn as investors reacted positively to market movements.
The All-Share Index inched up by 41.89 points, or 0.04 per cent to close at 105,593.28 points. This performance represents a 0.21 per cent gain over the past week, a 2.03 per cent decline over the past four weeks, but an overall year-to-date gain of 2.59 per cent.
At the end of the trading session, the total volume of shares traded stood at 349,326,138 units, valued at N15.08bn, and executed in 12,450 deals. Compared to the previous trading day, the market recorded a 21 per cent decline in volume, a 44 per cent improvement in turnover, and a six per cent decline in the number of deals. The current market capitalisation of the NGX now stands at N66.2tn.
In terms of market performance, 123 equities participated in trading, with 29 gainers and 21 losers. May & Baker Nigeria led the gainers’ chart with a 10 per…