Respite came the way of investors on the Nigerian Stock Exchange (NSE) on Tuesday as the market reversed a six-day losing streak for the All-Share Index appreciated by 1.14 per cent to close at 27,945.02 basis points in contrast to a decline of 0.11 percent recorded on Monday when it closed at 27,629.90 points and the Market Capitalisation gained N108 billion to close at N9.597 trillion from N9.489 trillion on Monday.
Oando Plc topped the day’s gainers as it added 10.12 per cent or 57 kobo to close at N6.20 per share, Eco Transnational Incorporated added 8.39 percent or N1.04 to close at N13.43 per share, Access Bank Plc appreciated by 7.55 percent or 40 kobo to close N5.70 per share, Dangote Sugar Plc improved by 6.80 percent or 28 kobo to close at N4.40 per share, and Livestock Feeds Plc gathered 5.43 percent or 5 kobo to close at 97 kobo per share.
On the other hand, Airservice Plc lost 5.56 percent or 10 kobo to close at N1.70 per share, SEPLAT followed with a loss of 5 percent or N15.67 to close at N297.83 per share, 7up Plc dropped 4.59 percent or N6.45 to close at N134 per share, N.E.M lost 4 percent or 4 kobo to close at 96 kobo per share and Sterling Bank Plc depreciated by 3.10 percent or 4 kobo to close at N1.25 per share.
Investors traded a total of 286.72 million shares worth N2.3 billion on 4,316 deals compared to 378.5 million shares valued at N2.3 billion exchanged in 3,519 deals on Monday.
UBA Plc recorded the highest volume of trade as its investors exchanged 76.9 million shares worth N349.9 million, Access Bank came second with the sale of 42.7 million shares valued at N231.0 million, while Zenith Bank followed with an exchange of 28.2 million shares valued at N457.2 million.
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