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NGX: BUA Foods, UBA among top gainers as market cap rises by N187.6bn

The Nigerian capital market returned from the New Year break on Tuesday with a 0.6 percent rise in equity capitalization.

The figure represented N187.69 billion growth in equity capitalization from N27.91 trillion to N28.10 trillion after eight hours of trading today.

Similarly, the All Share Index was up by 344.6 basis points to close at 51,595.66 as against the 51,251.06 achieved by the bourse last Friday.

Investors parted with N4.34 billion for 321.67 million shares in 4,122 deals on Tuesday.

However, this fell short of the N7.35 billion shareholders coughed out for 890.68 million shares in 3,566 deals last Friday.

BUA Foods led the gainers’ list with a N6.50kobo rise in share price, moving from N65 to N71.50kobo per share.

John Holt gained 9.59 percent to move from N0.73kobo to N0.80kobo per share.

Prestige’s share value was up by 9.52 percent to end trading with N0.46kobo from N0.42kobo per share.

Nahco’s shares traded upward by N0.60kobo to rise from N6.40kobo to N7 per share.

UBA gained N0.70kobo to close at N8.30kobo, above its opening price of N7.60kobo per share

Anambra man of the year award
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