Investors gained ₦252.41bn at the end of trading hours of the Nigerian Exchange Limited on Tuesday as MTN Nigeria Communication Plc and Airtel Africa Plc led the top five stocks.
The market capitalisation of stocks rose from ₦22.57tn on Monday to ₦22.82tn as investors pumped money into acquisition of the shares of MTN and Airtel.
MTN was top on the list of value of shares traded as ₦1.08bn of its shares were traded on the floor of the NGX, accounting for 30.98 per cent of the total value of shares traded.
Zenith Bank Plc followed with ₦427.16m worth of its shares traded, while UACN Plc had ₦225.38m of its shares traded.
Measuring by volume, Sterling Bank Plc was the largest, accounting for 29.68 per cent of the total volume of trade.
A sectoral analysis shows that the NGX Consumer Goods, Industrial Goods, Oil & Gas, and Banking indices appreciated by 0.21 per cent, 0.21 per cent, 0.12 per cent and 0.12 per cent respectively, while the NGX Insurance Index declined by 0.28 per cent.
