NGX: Investors get N110 billion because the equity market maintains bullish sentiment

Investors in the Nigerian equity market obtained N110 billion at the closing of Tuesday’s trading.

This follows the surge in stock prices, such as Cornerstone Insurance, Consolidated Hallmarks PLC and PLC chams on the stock exchange floor.

The All-Share Index (ASI) reference index jumped to 144,995.26 points from 144,822.77 points recorded on the previous day.

After five hours of trading in the capital market, the capitalization of equity increased to N92 trillion from N91.9 trillion recorded by the exchange on Monday.

The extent of the positive market with 39 shares strengthened, 34 shares declined, and 74 shares did not change in 30,681 transactions.

Also read: NGX: Bearish sentiment continues in the stock market because investors lose N367 billion

Cornerstone Insurance, Consolidated Hallmarks PLC and Chams Nigeria lead other profit winners with stock growth growth of 9.92%, 9.52% and 9.22% closed on N6.65, N4.37, and N4.62 from the previous N6.05, N3.99, and N4.23 per share.

LivingTrust Mortgage Bank, Austin Laz, and July PLC led other prices with a decrease in stock prices by 10%, 9.47%, and 9.60%closed on N5.94, N3.15, and N8.95 per share, down from the previous N6.60, N3.49, and N90 per share.

On the volume index, the Access Holding PLC led the trade with 45 million shares in 1,412 transactions, followed by Ellah Lakes PLC, who traded 39 million shares in 1,351 transactions.

Chams PLC trades 30 million shares in 1,005 transactions.

In the value index, Aradel Holding PLC trades shares worth N13.1 billion in 696 transactions, followed by Dangote Cement, which trades equity worth N1.5 billion in 747 transactions.

Access Holding PLC trades shares worth N1.1 billion in 1,412 transactions.

Babajide Okeowo