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Honeywell, Jaiz Bank lead Nigerian capital market’s N364.3bn recovery

The equity capitalization in the Nigerian capital market rose to N27.30 trillion at the close of trading on Tuesday, IgbereTV reports

The figure was N364.3 billion higher than the N26.93 trillion posted by the bourse on Monday.

Similarly, the All-Share Index was up by 675.72 basis points or 1.35 percent to close at 50,626.04 as against the 49,950.32 recorded the previous day.

Investors parted with N2.86 billion for 129.1 million shares in 4,706 deals on Tuesday.

This surpassed the N2.27 billion the shareholders splashed on 176.05 million shares in 4,965 deals on Monday.

Honeywell Flour led the gainers with N0.20kobo to rise from N2.07 to N2.27kobo per share.

Jaiz Bank gained 9.46 percent to move from N0.74kobo to N0.81kobo per share.

Caverton’s share value was up by 8.18 percent to end trading with N1.19kobo from N1.10kobo per share.

Japaul Gold joined the gainers with 8 percent to close at N0.27kobo as against the previous N0.25kobo per share

Anambra man of the year award
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