Investors trade N3.81bn, as All-Share Index appreciates by 159.29 points

Investors on the Nigerian Stock Exchange (NSE) on Tuesday staked N3.81 billion on 396.808 million shares in 4,885 deals, as All-Share Index appreciated by 159.29 points.

The News Agency of Nigeria (NAN) reports that the volume of transactions represented 55.71 per cent increase over the 254.843 million shares worth N3.25 billion traded in 5,501 deals on Monday.

Similarly, the NSE All-Share Index appreciated by 159.29 points or 0.53 per cent to close at 30,018.35 as against the 29,859.06 achieved on Monday.

At the end of transaction, Dangote Sugar emerged the most traded stock, accounting for 86.48 million shares valued at N709.57 million.

Access Bank came second on the activity with 57.15 million shares worth N301.72 million, while FBN Holdings accounted for 53.13 million shares valued N372.11 million.

Also, the market capitalisation rose by N45 billion to close at N9.998 trillion from the N9.953 trillion posted on Monday.

7Up topped the gainers’ table with a gain of N6.5 to close at N157.2 per share.

Lafarge Wapco trailed with a gain of N2.01 to close at N86, while GTBank went up by N1.02 to close at N21.51 per share.

Nestle appreciated by N1 to close at N805 and UAC-Property increased by 86k to close at N9.99 per share.

Conversely, Nigerian Breweries recorded the highest price loss of N3 to close at N146 per share.

It was followed by Forte Oil, which lost N1.6 to close at N221.45 and Dangote Cement depreciated by 7k to close at N157 per share.

Union Dicon dipped 69k to close at N13.11 and Unilever dropped 32k to close at N34.08 per share. (NAN)