Nigeria’s equities market closed in the green zone on Tuesday, being the first trading day after Christmas holidays.
Stocks like BUA Cement Plc, Zenith Bank Plc, Access Bank Plc, NEM Insurance Plc and NPF Microfinance Bank Plc helped drive the market’s upward trajectory.
BUA Cement Plc moved up most from N60 to N64, up by N4 or 6.67 percent. It was followed by Zenith Bank Plc which increased from N24.5 to N25, up by 50kobo or 2.04 percent, while Access Bank Plc rose from N8.6 to N8.95, up by 35kobo or 4.07 percent.
The Nigerian Stock Exchange (NSE) All Share Index (ASI) increased by 0.80 percent while the market’s positive return year-to-date (YtD) increased to 45.70 percent.
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The NSE ASI rose to 39,110.17 points while the value of listed stocks increased to N20.446 trillion as against preceding trading day low of 38,800.01 points and N20.279 trillion, respectively. Stocks value increased by N167 billion amid improved buy sentiment.
In 5,042 deals, investors exchanged 722,565,946 units valued at N4.380 billion.
AIICO Plc, Oando Plc, FBN Holdings Plc, Access Bank Plc and Champion Breweries Plc were actively traded stocks on the Nigerian Stock Exchange.
