Investors trade N29.3bn, as ASI rises by 0.82%

By Sofiyyah Layole

The Nigerian Exchange (NGX) closed Tuesday's trading session in positive territory as the benchmark All-Share Index (ASI) rose by 0.82 percent to settle at 141,327.3 points.

The market also recorded significant trade volumes as 29,558 deals were executed, trading over 655 million shares valued at ₦29.39 billion.

Market capitalization for equities also climbed to ₦89.88 trillion, reflecting increased buying interest, while the fixed income market capitalization remained robust at ₦52.60 trillion. 

The Exchange Traded Products (ETPs) market recorded a slight uptick, closing at ₦32.74 billion, supported by selective portfolio adjustments. 

Among the top gainers, NCR Plc led the chart with a significant 9.82 percent increase, closing at ₦21.25 per share. 

Berger Paints Nigeria Plc followed with a 2.56 percent gain to close at ₦36.00, while FCMB rose 0.96 percent to ₦10.50. 

Mansard Insurance recorded a modest 0.25 percent increase, closing at ₦12.10, and Neimeth International Pharmaceuticals remained unchanged at ₦5.65.

Trading sentiment was generally positive, driven by strong interest in blue chip stocks.