NGX: Investors get the N459 billion because the equity market maintains the Bullish escape

Investors at the Nigerian equity market obtained N459 billion at the close of trade on Tuesday.

This follows the surge in stock prices such as AIICO Insurance PLC, Nigerian Enamelware PLC and Bua Cement PLC, among others, on the trading floor.

The Benchmark All-Share Index (ASI) rose to 144,796.37 points from 144,071.78 points recorded on the previous day.

After five hours of trading in the capital market, the capitalization of equity increased to N91.6 trillion from N91.1 trillion posted by Bourse on Monday.

The extent of the positive market, with 53 advanced shares, 20 shares declined, and 73 remaining shares did not change in 38,932 offers.

AIICO Insurance PLC, Nigeria Enamelware PLC and Bua Cement PLC lead other winners with 10% growth in the price closed on N2.64, N29.70, and N170.50 from N2.40, N27.00 and N155.00 per previous share.

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LivingTrust Mortgage Bank, Updc Real Estate Investment Trust and Academy PLC Lead other prices with 9.86%, 9.63% and 9.60% stock price reduction closed on N5.94, N8.45 and N8.95 from the previous N6.59, N9.35 and N90 per share.

On the AIICO volume index led trade with 97 million shares in 372 offers, followed by Universal Insurance PLC, which was traded 86 million shares in 184 agreements.

The answer answer is traded 61 million shares in 119 agreements.

In the value index, Stocks Trust Trust Holding (GTCO) which is traded worth N3.8 billion in 1,703 offers, followed by Fidelity Bank PLC who trade equity worth N1.2 billion in 1,016 offers.

Zenith Bank PLC traded shares worth N1.1 billion in 1, 389 agreement.

By: Babajide Okeowo