February 03, (THEWILL) — The Nigerian equities market closed on a positive note on Tuesday, as Market Capitalisation advanced from ₦106.162 to ₦106.494, while the NGX All-Share Index (ASI) rose from 165,384.64 to 165,901.57.
Market breadth reflected a tight trading session, with 35 gainers slightly ahead of 34 laggards, indicating cautious but balanced investor participation.
The top gainers for the session include:
AUSTINLAZ moved up by 10.00 percent (advancing from ₦3.70 to ₦4.07).
IMG grew by 10.00 percent (₦31.50 to ₦34.65).
UNIONDICON climbed up by 10.00 percent (opening at ₦9.00 to close the day at ₦9.90).
ZICHIS recorded a boost of 10.00 percent (from ₦4.60 to ₦5.06).
RTBRISCOE 9.95 percent (₦8.64 to ₦9.50).
While the top laggards include:
CUTIX declined by -10.00 percent (₦3.50 to ₦3.15).
OMATEK lost -10.00 percent (₦2.70 to ₦2.43).
UHOMREIT -9.95 percent (₦85.40 to ₦76.90).
SUNUASSUR fell by -9.94 percent (₦5.13 to ₦4.62).
DEAPCAP dropped -9.93 percent (₦8.46 to ₦7.62).
Stocks that closed unchanged for the day include MTN Nigeria Communications, Okomu Palm Oil, Julius Berger Plc, Cadbury Nigeria Plc, Unilever Nigeria Plc, and PZ Cussons Plc.
Overall, the market ended the session slightly higher, supported by strong buying interest in select stocks, even as selling pressure in others kept gains in check. The narrow margin between gainers and losers suggests investors remained cautious, positioning selectively across sectors.
Ogochukwu Onwaeze
