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Market sustains uptrend, gains N27Bn

The Equities market of the Nigerian Stock Exchange (NSE) closed yesterday on a positive note, as the market capitalization gained N27 billion to push  a…

The Equities market of the Nigerian Stock Exchange (NSE) closed yesterday on a positive note, as the market capitalization gained N27 billion to push  a 9 days  consecutive rally to to N11.55 Trillion.

The NSE All Share Index (ASI) appreciated by +0.23% to close at 33,514.93 basis points as against +0.41% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +24.71%.

Market breadth closed positive as TRANSCORP led 24 Gainers as against 22 Losers topped by PRESCO at the end of today’s session- an improved performance when compared with previous outlook. 

Market turnover closes negative as volume moved down by -86.21% as against +644.59% uptick recorded in the previous session. ZENITHBANK, UBA and FBNH were the most active to boost market turnover. ZENITHBANK and DANGCEM topped market value list.

WAPIC leads the list of active stocks that recorded impressive volume spike at the end of today’s session.

 

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