The Nigerian Stock Exchange recorded a market value loss of N378bn as trading resumed after the holiday break.

At the close of Tuesday’s session, a total of 646,636,912 shares were traded in 23,977 deals, amounting to a turnover of ₦18.84bn.

Compared with the previous trading day last week, the day’s trading volume declined by 50 per cent, while turnover dropped by 42 per cent. However, the number of deals increased by 46 per cent.

The benchmark All-Share Index inched up by 204.11 points, or 0.18 per cent, to close at 114,820.86 points. The index has recorded a 2.76 per cent gain over the last week, a 5.6 per cent increase in the past four weeks, and an overall year-to-date gain of 11.56 per cent.

The market capitalisation currently stands at N71.9 trn.

In total, 129 listed equities participated in trading, with 34 stocks gaining and 28 declining. Berger Paints led the gainers with a 10 per cent appreciation to close at N22.55 per share. Other top gainers included E-Tranzact International, Daar Communications, and Legend Internet, each rising by about 10 per cent.

On the losing side, Industrial & Medical Gases recorded the steepest decline, falling 11.08 per cent to close at N32.90 per share. This was followed by RT Briscoe, which dropped by 10 per cent; John Holt, with a decline of 9.87 per cent; and Beta Glass Company, down by 9.69 per cent.

Access Holdings recorded the highest trading volume with 88.3 million shares, followed by Zenith Bank with 49.3 million, Guaranty Trust Holding with 47.2 million, and Fidelity Bank with 42.9 million shares traded.

Other notable indices include the Top 30 Index, which gained 0.49 per cent, recording a 2.94 per cent increase over the week and 11.27 per cent year to date; the Consumer Goods Index, which rose by 2.56 per cent, showing a 4.95 per cent gain over the week and an impressive 44.24 per cent year to date; the Main Board Index, which increased by 0.74 per cent and gained 1.68 per cent over the week and 13.22 per cent year to date; the Banking Index, up 0.27 per cent with a 4.98 per cent weekly gain and 12.63 per cent year to date; and the Pension Index, which rose marginally by 0.02 per cent, gaining 3.49 per cent over the week and 20.01 per cent year to date.

The only index to close in negative territory was the Industrial Index, which fell by 0.14 per cent, though it recorded a 1.04 per cent gain over the week, and remained down 2.55 per cent year to date.

PUNCH Online reported that the Nigerian Exchange closed the first week of June on a bullish note, adding ₦1.81 tn to investors’ wealth despite a shortened trading week due to the Eid-el-Kabir public holidays.