Tuesday's Trading Summary On The Nigerian Exchange Group

At the end of Tuesday's trading session on the Nigerian Exchange Group, a total of 218.5 million shares were transacted in 3,630 deals, corresponding to a market value of N1.590 billion. When compared with Monday's trading session, today's data shows an improvement of  4% in volume, 6% in turnover, but 8% decline in number of deals. The market capitalization of the Nigerian Stock Exchange currently sits at N20.27 trillion.

In the aggregate, 109 NGE listed equities took part in the trading, which ended with 15 gainers and 17 losers.

On the part of the gainers, Okomu Oil Palm came out tops with 10% share price appreciation to close at N106.15 per share. It was followed by Learn Africa which saw a 9% increase in share price, and Champion Breweries - which saw an increase of  4.71%. Unilever Nigeria came next with an increase of 3.86%. 

On the losing sie, Computer Warehouse Group came out last with an end-of-day price depreciation of 9.42% to end the day at N1.25 per share. It was followed by Regency Alliance Insurance Co. which lost 9.16%, and FTN Cocoa Processors which lost 7.69%. Veritas Kapital Assurance was also on the list as its share price dropped by 7.69%. 

Courteville Business Solutions recorded the highest volume of traded shares as 38.5 million shares of the company was traded on the bourse. It was followed by Fidelity Bank which saw 26.63 million shares traded. Zenith Bank and AXA Mansard Insurance came next as 15.25 million and 13.87 million shares of the companies exchanged hands on Tuesday respectively.

The NGE All-Share Index moved up by 195.3 (0.5%) points to close at 38,881.70, which represents a 1-week gain of 1.22%, a 4-week loss of 0.81%, and an overall year-to-date loss of 3.45%. 

Other remarkable indices that performed were the  Premium Index which went up 0.86%;  Industrial Index which gained 1.07%;  Top 50 which gained 1.02%;   Lotus Islamic Index which gained 0.9%;  and Top 30 which went up by 0.58%.