Stock market Investors reap N102.39 billion as the NGX All-Share Index gains 0.36% on Tuesday

investors on the Nigerian stock market saw their investments grow by N102.39 billion on Tuesday as the Nigerian equities benchmark index rose 0.36% to close the day at 52,419.33 points. As a result, the year-to-date (YTD) return increased to 2.28%, while market capitalization increased by N102.39 billion to close at N28.54 trillion.

The biggest drivers of the market’s overall performance were gains in Tier-1 banking stocks ZENITHBANK (+1.45%), GTCO (+4.15%), and ACCESSCORP (+1.50%).

Turnover on the exchange for the day saw the value of transactions increasing by 21.25%. In 6,143 transactions, 576.85 million shares worth N6.79 billion were exchanged. UBA (+2.38%) dominated the volume chart with 94.31 million units exchanged, while ZENITHBANK (+1.45%) won the value chart with transactions totaling N1.40 billion. On the leader’s board, NB (+9.97%) led twenty-three (23) others, while COURTVILLE (-6.52%) led fifteen (15) others on the laggard’s board.