In today’s trading session, bullish sentiment was sustained as the ASI and market capitalisation gained 20bps to settle at 98,892.58 points and ₦59.92trn respectively.
Gains in Tier-1 banks namely, GTCO (+2.94%), ZENITHBANK (+0.13%) alongside OANDO (+2.00%) offset losses in SEPLAT (-0.67%), DANGSUGAR (-8.82%) and FIDELITYBK (-1.79%), keeping the market in the green. Consequently, the year-to-date (YTD) return rose to 32.26%.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 9.88%. A total of 591.01m shares valued at ₦24.84bn were exchanged in 6,987 deals.
CHAMPION (+0.53%) led the volume chart with 255.28m units traded, while SEPLAT (-0.67%) led the value chart in deals worth ₦19.48bn.
Market breadth closed positive at a 1.64-to-1 ratio with advancing issues outnumbering declining ones. TRANSCOHOT (+9.28%) topped twenty-two (22) others on the leader’s log, while JOHNHOLT (-9.84%) led thirteen (13) others on the laggard’s table.
