Tuesday’s trading on the Nigerian Stock Exchange (NGX) saw a total of 842,307,105 shares exchanged in 61,421 deals, with a market value of N44.783 billion traded, news.ng reports.
Compared with Monday’s trading, all key performance indicators were in the red, as volume declined by 14%, turnover dropped by 12%, and deals plummeted by 19%.
The NGX market capitalisation stood at N140.5 trillion (USD 104 billion).
According to data, out of the 131 equities listed, the NGX recorded 25 gainers, while 45 companies recorded losses at the end of the day’s trading.
Top gainers include National Salt Company, which recorded a 10% increase in its share price to close at N171.60 per share, followed by Union Dicon Salt, which gained 9.92% to close at N19.95 per share.
This momentum was followed by one of the country’s largest cement manufacturers, Lafarge Africa, which gained 9.64% to close at N273.00 per share, while Trans-Nationwide Express gained 8.27% to close at N7.20 per share.
On the losing side, Legend Internet recorded a 9.92% loss to close at N5.63 per share, followed by Abbey Mortgage Bank, which lost 9.59% to close at N6.60 per share. Stanbic IBTC Holdings lost 8.96% to close at N154.50 per share, while Access Holdings recorded an 8.83% loss to close at N29.95 per share.
Access Holdings recorded the highest volume of traded shares at 111 million, followed by FCMB Group with 57.7 million. Fidelity Bank recorded 44.8 million shares, while Zenith Bank closed the day with 44.2 million shares traded.