
Nigerian firms, including SCOA Nigeria, Omatek, Consolidated Hallmark Holdings, BUA Foods and 23 others, pushed Nigerian Exchange Limited market capitalisation to achieve a historic 151,456.91 basis points on Tuesday.
This comes as the Nigerian equities market extended its bullish run on Tuesday, as investors gained N963 billion.
Accordingly, market capitalisation, which opened at N95.171 trillion, added N963 billion, or 0.01 per cent, to close at a historic 96.134 trillion.
NGX’s All-Share Index rose by 0.01 per cent, or 1,516.10 points, closing at 151,456.91 on Tuesday compared with 149,940.81 recorded on Monday.
Despite the uptrend, market breadth closed negative, recording 30 losers against 28 gainers.
The market analysis showed that the NGX on Tuesday recorded five top gainers, including SCOA Nigeria, Omatek, Consolidated Hallmark Holdings, BUA Foods, Vitafoam and 23 other equities.
On the flip side, Livingtrust Mortgage Bank led the losers by 9.91 per cent to close at N4, followed by Conoil and Africa Prudential Sovereign Trust.
A total of 551.92 million shares worth N20.54 billion were traded in 27,518 deals.
Fidelity Bank led in trading volume with 59.1 million shares valued at N1.18 billion, and VFD Group followed with 39.31 million shares worth N424.7 million.
Access Corporation exchanged 37.4 million shares worth N950.1 million, and Guaranty Trust Holding Company sold 31.4 million shares valued at N2.92 billion.