Recovering from the
previous session's loss, the Lagos stock exchange posted gains as the benchmark
index rose by 0.08% to close at 71,066.55 points.
Gains in Tier-1 Banking
Names, ZENITHBANK (+0.15%), GTCO (+0.54%) and UBA (+0.73%) contributed to outweigh losses in INTBREW
(-2.17%), OANDO (-3.72%) and FCMB (-1.45%), keeping the market in the green. As
a result, the year-to-date (YTD) return rose to 38.66%, while market
capitalization gained ₦31.81bn to close at ₦39.08trn.
Analysis of today's
market activities showed trade turnover settled lower relative to the previous
session, with the value of transactions down by 26.07%. A total of a 491.40m
shares valued at ₦3.22bn were exchanged in 6,549 deals.
UNITYBNK (9.38%) led the
volume chart with 75.44m units traded while VFDGROUP (0.00%) led the value
chart in deals worth ₦481.81m.
Market breadth closed
positive at a 5.50-to-1 ratio, with advancing issues outnumbering declining
ones. MECURE (+10.00%) topped forty-three (43) others on the leader's log,
while CHAMPION (-10.00%) led seven (7) others on the laggard's table.
Find below key
highlights of market activities.
|
Indicators |
Current |
Change (%) |
YTD |
|
All-Share Index |
71,066.55 |
+0.08 |
+38.66 |
|
Market Cap. (₦
'trillion) |
39.08 |
+0.8 |
+40.00 |
|
Volume (millions) |
491.40 |
+37.09 |
|
|
Value (₦ 'billion) |
3.22 |
-26.07 |
|
Source: Coronation Registrars
