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Stock market resumes uptrend, closes above 37,000bpts

The equities market of the Nigerian Stock Exchange closed yesterday  on a positive note as the market capitalisation gained N29, 810 trillion.  The All Share…

The equities market of the Nigerian Stock Exchange closed yesterday  on a positive note as the market capitalisation gained N29, 810 trillion. 

The All Share Index (ASI) appreciated by +0.22% to close at 37,013.57 basis points as against -0.02% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +37.73%. 

Market breadth closed positive as DIAMONDBNK led 23 Gainers as against 17 Losers topped by INTBREW at the end of today’s session – an improved performance when compared with previous outlook. 

Market turnover closed positive as volume moved up by +0.09% as against +29.21% uptick recorded in the previous session.

DIAMONDBNK, FIDELITYBK and CADBURY were the most active to boost market turnover. NB and CADBURY topped market value list.

CADBURY led the list of active stocks that recorded impressive volume spike at the end of the day’s session.

 The summary of the market activities indicated that a total of 305 million shares, valued at N2.9 billon, exchanged hands in 4,399 deals.

 

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