Bulls resurface as the Nigerian equities market halted its negative trading to close today’s trading session in the green region. The NGX All-Share Index shed 72 basis points, ending the day at 99,980.30 from 99,266.02.……CONTINUE READING>>>>>>
The day’s positive performance was due to rallying witnessed in major stocks, including UBA (+10.00%), OANDO (+9.60%), ZENITH BANK (+7.86%), GTCO (+10.00%), DANGOTE SUGAR (+6.09%), and 32 additional stocks.
Consequently, the year-to-date return increased to 33.71%. Similarly, the overall market capitalization increased by 0.72% to ₦54.71 trillion, as investors gained ₦390.43 billion.
Market activity for the day was positive as volume and value traded increased by 37.03% and 49.27% to 542.95 million units and ₦8.69 billion, respectively.
We anticipate a positive conclusion to the trading week amidst improved investors sentiment.
CURRENCY MARKET:
The Nigerian Naira appreciated by 0.89% against US Dollar in the NAFEM Window, closing at a rate of ₦1,595.11.……CONTINUE READING>>>>>>
