NSE: Trading sustains positive trend, up by 0.31 per cent

The All Share Index rose by 75.82 points or 0.31 per cent to close at 24,841.94 compared with 24,766.12 recorded on Monday.

Activities on the Nigerian Stock Exchange extended a positive trend on Tuesday with key market indices appreciating further by 0.31 per cent.

The performance was driven by buying sentiments across Nigerian Breweries, Seplat and some Tier 1 bank stocks. They urged investors to target fundamentally sound, and dividend-paying stocks for possible capital appreciation going forward.A breakdown of the price movement table showed that AXA Mansard Insurance led the gainers’ chart in percentage terms, gaining 9.72 per cent to close at N1.58 per share.increased by 7.27 per cent to close at 59k per share.

Total came second with a loss of 9.91 per cent to close at N79.10, while Ardova dipped 9.67 per cent to close at N12.15 per share. FBN Holdings followed with a turnover of 11.72 million shares worth N59.18 million, while Lafarge Africa traded 8.96 million shares valued at N105.26 million.

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