Nigerian stock market investors gain N617.79 billion as ASI rose 1.65% on Tuesday

The Nigerian stock market benchmark all-share index increased by 1.65% to end at 69,236.19 points today Tuesday. As a result, the market capitalization increased by ₦617.79bn to end at ₦38.04 trillion, which increased the year-to-date (YTD) return to 35.09%.

Market giants BUACEMENT (+1.13%), AIRTELAFRI (+10.00%), and STANBIC (+1.35%) were the main drivers of the market’s impressive growth. On the leader’s log, AIRTELAFRI (+10.00%) was ahead of twenty-eight (28) others, and on the laggard’s table, UPL (-9.79%) was ahead of fifteen (15) others.

Trade turnover settled at a lower level than it did on Monday with a 26.80% decrease in transaction value. 8,027 transactions totaling 483.27 million shares valued at ₦6.04 billion were completed. With 155.59 million units traded, JAPAULGOLD (+9.26%) dominated the volume chart, while ZENITHBANK (-1.04%) headed the value chart with trades totaling ₦996.45 billion.