NGX: Stock market maintains bullish sentiment with N884bn gain for investors

Investors in the Nigerian equities market gained N884 billion at the close of trading on Tuesday.

This followed a surge in the share prices of stocks such as  Stanbic, ETI and NGX Group  , among others on the trading floor.

The benchmark All-Share Index (ASI) increased to 205,913.93 points from the 204,458.86 points recorded on the previous trading day.

After five hours of trading on the capital market, equity capitalisation increased to N132.4 trillion from N131.6 trillion posted by the bourse on Monday.

The market breadth was negative, with 41 stocks advancing, 21 declining, and 86 remaining unchanged in 45,777 deals.

A total of 569,309,034 shares were traded, valued at N32.2 billion.

Stanbic, ETI and NGX Group led the gainers’ chart, with 10%, 10% and 9.97% growth each in share prices, respectively, to close at N161.70, N50.60, and N168.75 per share, up from N147.00, N46.00, and N153.45 per share.

READ ALSO:Stock market transaction up 78.93% to N1.54tn for Feb ‘26

FTG Insure, MC Nichols and Academy Press led other price decliners, with 8.20%, 8.17%, and 6.96% declines, respectively, to close at N1.12, N6.52, and N7.35 per share, down from N1.22, N7.10, and N7.90 per share, respectively.

On the volume index, Access Holding led trading with 67 million shares in 1,858 deals, followed by Zenith Bank, which traded 39 million shares in 3,207 deals.

VFD Group traded 37 million shares in 257 deals.

On the value index, Aradel traded stocks valued at N5.8 billion in 1, 053 deals, followed by Zenith Bank, which traded equities worth N4.5 billion in 3,207 deals.

GTCO traded shares valued at N3.7 billion in 3, 168 deals.

Babajide Okeowo

The post NGX: Stock market maintains bullish sentiment with N884bn gain for investors appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.