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By Taiye Olayemi
The domestic bourse, on Tuesday, rebounded with N1.086 trillion profit, following gains from some large and medium capitalised stocks.
Investors’ renewed interest in John Holt, Consolidated Hallmark Holdings, Legend Interest, Airtel Africa, Zichis Agro Allied Industries and 32 other advancing stocks drove the market higher.
The market capitalisation, having opened at N127.750 trillion, added N1.086 trillion or 0.85 per cent to close at N128.836 trillion.
The All-Share Index also rose by 0.85per cent or 1,691.86 points to settle at 200,705.88 points, against 199,014.02 points recorded on Monday.
Consequently, the Year-to-Date (YTD) return climbed to 28.98 per cent while the e market breadth also closed positive with 37 gainers and 23 losers.
Airtel Africa, John Holt, Legend Internet and Consolidated Hallmark Holdings led the gainers’ chart by 10 per cent each, settling at N2,497, N14.95, N6.60 and N4.95 per share respectively.
Also, Zichis Agro Allied Industries increased by 9.97 per cent, closing at N10.37 per share.
Conversely, NPF Micro-finance Bank led the losers’ chart by 6.29 per cent, finishing at N6.56, Royal Exchange trailed by 5.32 per cent, ending the session at N1.78.
Computer Warehouse Group dipped by 4.82 per cent, settling at N20.75 per share.
Similarly, Veritas Kapital shed by 4.21 per cent, closing at N2.05 and UPDC declined by 3.88 per cent, settling at N4.95 per share.
Market activity revealed increase in the market volume and value with decline in the deals.
A total of 1.3 million shares worth N65.3 billion were traded in 89,949 transactions, compared with 848.8 million shares valued at N53.3 billion that was exchanged across 139,458 transactions earlier.
Access Corporation recorded the highest volume with 266.79 million shares traded, accounting for 20.66 per cent of the volume traded for the day.
Meanwhile, GTCP recorded the highest value with N19.39 billion traded, accounting for 29.68 per cent of the day’s total value. (NAN) (www.nannews.ng)
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