Today, the NGX All-Share Index dipped 0.23%, dragging market capitalisation down to ₦66.72 trillion.
Despite a 7.06% drop in trading volume, market breadth (1.89) and an UD ratio of 1.41 indicate more advancing stocks than decliners, hinting at selective buying interest.
Liquidity & Trade Activity
Market value traded fell 4.42% to ₦74 billion, with total trades rising 4.05% to 11,911 deals.
This divergence suggests that while fewer shares changed hands, higher-value transactions occurred, possibly indicating institutional participation in select equities.
LIVESTOCK (+9.87%), HONEYFLOUR (+9.80%), and MAYBAKER (+9.66%) led the gainers’ chart on Friday’s close, reflecting strong demand in agriculture, consumer goods, and pharmaceuticals.
Their respective volumes and values indicate renewed investor interest in defensive and high-growth sectors.
Meanwhile, the NGX All-Share Index declined by 1.19% WTD, reflecting sustained bearish sentiment, while market capitalization fell by 0.71%.
This suggests moderate sell pressure, likely due to profit-taking and investor caution amid broader economic concerns.
