The Nigerian Exchange Limited has bounced back, appreciating by 0.43 per cent on Tuesday to close at 71,250.17 points in the All-Share Index after bearish trading the previous day.
Unlike Monday, when it shredded N259 billion, the equities on Tuesday gained N166 billion as the market capitalisation closed at N38.989 trillion, up from N38.823 trillion.
There was a surge in trading volume to 433.568 million units compared to Monday’s 358.527 million units. There was also a surge in trading value to N11.1 billion, against yesterday’s N7.1 billion.
Top gainers are NSLTECH, +10.00 per cent to close at N0.77; MULTIVERSE, +9.95 per cent to close at N7.07; SUNUASSUR, +9.92 per cent to close at N1.33; FBN Holdings (FBNH), +9.86 per cent to close at N26.75; and THOMASWY, +9.82 per cent to close at N3.02.
Meanwhile losers are ABBEYBDS, +9.88 per cent to close at N1.55; FTNCOCOA, +9.09 per cent to close at N1.50; DAARCOMM, +8.82% per cent to close at N0.31; TANTALIZER, +7.69 per cent to close at N0.52 and WAPIC, +7.14 per cent to close at N0.65.
Regarding top-traded stocks, in terms of volume, UACN (+4.92 per cent) led with 61.71 million units, followed by UBA (+0.24 per cent) with 58.30 million units, GTCO (+0.77 per cent) with 23.00 million units, NIDF (-0.09 per cent) with 20.52 million units, and ACCESSCORP (+6.32 per cent) with 19.98 million units.
Concerning value, NIDF (-0.09 per cent) led with N2.22 billion, followed by AIRTELAFRI (-2.06 per cent) with N2.12 billion, MTNN (0.00) with N1.33 billion, UBA (+0.24 per cent) with N1.24 billion, and UACN (+4.92 per cent) with N947.4 million.
