Equities trading at the Nigerian Exchange Limited closed Tuesday’s session on a positive note, with the All-Share Index rising by 0.10 percent, closing at 98,206.97 points.
The increase contributed ₦60.3 billion to the market capitalization, bringing it to ₦59.53 trillion, while the year-to-date return grew to 31.34 percent.
Sectoral performance was predominantly positive, driven by gains in insurance by 1.98 percent, consumer goods 0.17 percent, and oil and gas 1.64 percent. In contrast, the banking sector and industrial goods saw slight declines of 0.20 percent and 0.84 percent, respectively.
Market sentiment was bullish, with 37 stocks advancing and 21 declining. GOLDBREW, GUINEAINS, TANTALIZER, AFRIPRUD, and ABCTRANS led the gainers, while JOHNHOLT, HMCALL, MORISON, UPDC REIT, and RTBRISCOE were among the laggards.
Trading activity was muted, with the number of deals and value of trades decreasing by 4.12 percent and 0.40 percent, respectively, although trading volume surged by 115.44 percent.
A total of 939.41 million shares worth ₦12.81 billion were exchanged across 9,098 transactions. WAPIC emerged as the most actively traded stock, both by volume and value, with 458 million shares worth ₦503 million traded in 77 transactions