The domestic equities market began trading this week with eight basis point (bps) gain as the benchmark index advanced to 40,150.78 points.
The market capitalisation advanced by ₦16 billion to settle at ₦21.2 trillion while the year to date return improved to -0.3 per cent.
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The positive performance was driven by buying interest in Zenith (+0.8%), International Brewery (+2.5%) and Flourmill (+2.8%).
Activity level varied as volume traded rose marginally by 0.7percent to 335.7m units while value traded fell 31.8% to ₦2.5bn.
The most traded stocks by volume were Mbenefit (104.2 million units), Mansard (24.3m units) and Wapco (14.4m units) while Okomu Oil (₦462.8m), Zenith (₦344.7m) and WAPCO (₦320.5m) topped by value.
Performance across sectors was bullish as 3 of 6 indices under review gained, 1 lost and both the AFR-ICT and Industrial Goods indices closed flat.
Investor sentiment as measured by market breadth fell to 1.1x from then 3.5x recorded previously as 27 stocks advanced against 24 decliners.
