Bearish sentiment drove the domestic bourse today as the NGX All-Share Index closed 0.16% lower to settle at 99,630.51 points.
Sustained investor interest in SEPLAT (+0.26%), GTCO (+2.62%) and ZENITHBANK (+0.57%) was eroded by losses in MTNN (-4.04%), FBNH (-0.43%) and TRANSCORP (-2.27%). Consequently, the year-to-date (YTD) return fell to 33.24%, while the market capitalization shed ₦92.32bn to close at ₦56.36trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 22.62%.
A total of 848.97m units of shares valued at ₦16.55bn were exchanged in 8,064 deals. FIDELITYBK (+2.04%) led the volume and value chart with 293.18m units traded in deals worth ₦2.93bn.
Market breadth closed positive at a 1.71-to-1 ratio with advancing issues outnumbering declining ones. TOTAL (+9.98%) led twenty-eight (28) others on the leader’s table, while NASCON (-9.91%) topped sixteen (16) others on the laggards log.
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