Investors gain N426.38bn on NGX

Trading on the Nigerian Exchange Ltd. (NGX) closed on a positive note, recording N426.28 billion gain on Tuesday.

Specifically, market capitalisation which opened N66.069 trillion, rose by 0.65 per cent to closed at N66.495 trillion.

Consequently, NGX ASI also went up by 0.65 per cent or 683.65 points to close at 106,574.98 from 105,891.33 points recorded at the previous session.

A total value of shares worth N11.762 billion in 15,561 deals was recorded on Tuesday.

At the end of trading 40 companies drove gains while 25 losers were recorded for equities.

The top two gainers were Ellah Lakes that appreciated by 10 per cent gaining 33k to close at N3.63 while Honey Flour appreciated by 9.93 per cent gaining N1.04.

Some of the other gainers are: United Bank for Africa (UBA) that appreciated by 1.84 per cent gaining 70k to close at N38.80 while FBN Holdings appreciated by 0.93 per cent gaining N50.30 to close at N32.50.

The top two losers were International Energy Insurance that depreciated by 9.78 per cent losing 22k to close at N2.03 while Eunisell Chemicals dipped by 9.74 per cent dropping by N1.30 to close at N12.05.