The all-share index expanded 80 points to close at 49,709.5, while market capitalisation closed higher at N26.8 trillion.
Nigerian stocks inched up 0.2 per cent on Tuesday, the market's first advance since Wednesday, but that does not seem a sure-footed rebound as the number of decliners more than doubled that of gainers.
Turnover shrank by 25 per cent and transaction volume by 3 per cent, leaving the benchmark index to hinge on gains by two megacap stocks -
After the bell, lender GTCO issued a statement saying it got its approval for release of its half-year result and has sought a 30-day exchange from the Nigerian Exchange for a 30-day extension beyond the regulatory filing date to enable the
Market breadth, a gauge used for measuring investors' sentiment towards trade, was negative as 10 laggards emerged compared to 22 gainers.
The all-share index expanded 80 points to close at 49,709.5, while market capitalisation closed higher at N26.8 trillion.
Year to date, the index is up by 16.4 per cent.
TOP FIVE GAINERS
TOP FIVE LOSERS
UPDC REIT was the worst performing stock, declining by 9.86 per cent to close at N3.20. PZ shed 9.27 per cent to close at N9.30. Courteville fell to N0.51, losing 8.93 per cent.
TOP FIVE TRADES
Altogether, 204.2 million shares worth N1.6 billion were traded in 3,643 deals.
UBA had 20.5 million shares valued at N143.7 million traded in 206 deals.
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