The equities market closed today on a positive note, as NSE ASI appreciated by 2.19% to close at 24,664.89basis points, compared with the 0.64% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -13.89%.
Similarly, the Market Capitalization appreciated by 2.19% to close at N8.48trn, compared with the appreciation of 0.64% recorded yesterday to close at N8.30trn.
Market breadth closed negative as FO led 13gainers against 21losers topped by GLAXOSMITH at the end of today’s session- an unimproved performance when compared with previous outlook.
Market turnover closes positive as volume moved up by 29.18% against 89.23% uptick recorded in the previous session. Wema banks, GTBank Zenith bank were the most active to boost market turnover. Nigeria Breweries and GTBank top market value list.
The appreciation recorded in the share prices of Dangote Cement, Forte Oil, UBA, Zenith Bank, and Access Bank were mainly responsible for the gain recorded in the value of the Index.
The total value of stocks traded on the floors of The NSE today was N3.29bn, up by 80.58% from N1.82bn traded yesterday. The total volume of stocks traded was 414.34mn in 3,380 deals.
The three most actively traded stocks were: Wema Bank (200.55mn), GT Bank (63.23mn) and Zenith Bank (30.71mn). The most actively traded sectors were: Financial Services (375.50mn), Consumer Goods (14.67mn) and Oil & Gas (10.81mn).