Investors gain N135.6 billion as NGX All-Share Index extends gains by 0.49% on Tuesday

Nigerian stocks market benchmark index rose 0.49% to finish at 51,606.49 points on Tuesday. The ASI’s year-to-date (YTD) return increased to 0.69%, and the market capitalization increased by N136.54 billion to close at N28.10 trillion.

Demand for telco heavyweight MTNN (+2.23%), as well as ZENITHBANK (+0.46%), WAPCO (+1.96%), and STANBIC (+3.93%), was a major factor in the market’s success. Because of this,

Trade turnover settled higher with the value of transactions increasing by 75.08%. In 6,404 transactions, 2.09 billion shares worth N8.85 billion were exchanged. Transcorp (+9.80%), which sold 1.66 billion units in transactions worth $4.09 billion, topped the volume and value charts. On the leader’s log, JAPAULGOLD (+10.00%) outperformed twenty-six (26) competitors, while WAPIC (-7.32%) outperformed six (6) competitors.