The Nigerian equities market, on Tuesday, recorded the 19th consecutive days of bullish trading with N1.7 trillion aggregate profit for investors
This arose from a surge in the share prices of stocks like Berger Paints Plc, Haldane McCall and Learn Africa Plc, among others, on the trading floor.
The benchmark All-Share Index (ASI) rose to 137,912.87 points from the 135,166.51 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation increased to N87.1 trillion from N85.4 posted by the bourse on Monday.
The market breadth was positive, with 51 stocks advancing, 25 stocks declining, and 71 stocks remaining unchanged in 28, 358 deals.
Berger Paints Plc, Haldane McCall and Learn Africa Plc, led other gainers with 10% growth each in prices to close at N34.10, N4.73, and N6.93 from the previous N31.00, N4.30 and N6.30 per share.
Northern Nigeria Flour Mills, Abbey Mortgage Bank Plc and Vitafoam Plc led other price decliners with 10%, 10% and 9.96% dip in share prices to close at N93.15, N7.20 and N79.10 from the previous N103.50, N8.00 and N87.85 per share.
On the volume index, Fidelity Bank Plc led trading with 111 million shares in 806 deals, followed by Royal Exchange Assurance Plc, which traded 74 million shares in 195 deals.
Jaiz Bank Plc traded 60 million shares in 692 deals.
On the value index, MTN Nigeria traded stocks valued at N3.5 billion in 772 deals, followed by Okomu Oil Plc, which traded equities worth N3.0 billion in 667 deals.
Guaranty Trust Holding (GTCO), traded shares valued at N2.6 billion in 862 deals.