NGX All-Share Index extends gains, up 2.22%
Opening the week, the Lagos stock exchange extended gains from last
week as the benchmark index closed 2.22% stronger to settle at 104,674.67
points.
Sustained buy interest in industrial heavyweights, DANGCEM
(+9.93%) and BUACEMENT (+2.98%), alongside INTBREW (+8.49%) kept the market in
the green, outweighing selloffs in ZENITHBANK (-2.33%), GTCO (-0.46%) and UBA
(-1.64%).
As a result, the year-to-date (YTD) return rose to 39.99%,
while market capitalization gained ₦1.24trn to close at ₦57.28trn.
Analysis of today's market activities showed trade turnover
settled higher relative to the previous session, with the value of transactions
up by 193.06%.
A total of 689.93m shares valued at ₦25.94bn were exchanged
in 15,887 deals. JAPAULGOLD (+3.90%) led the volume chart with 83.86m units
traded while DANGCEM (+9.93%) led the value chart with deals worth ₦8.58bn.
Market breadth closed negative at a 1.76-to-1 ratio with
declining issues outnumbering the advancing ones. IKEJAHOTEL (-10.00%) topped
thirty-six (36) others on the laggard’s table while OANDO (+9.96%) led twenty
(20) others on the leader's log.
Find below key highlights of market activities.
|
Indicators |
Current |
Change (%) |
YTD |
|
All-Share Index |
104,674.67 |
+2.22 |
+39.99 |
|
Market Cap. (₦ 'trillion) |
57.28 |
+2.22 |
+39.99 |
|
Volume (millions) |
689.93 |
+32.84 |
|
|
Value (₦ 'billion) |
25.94 |
+193.06 |
|
