The Nigeria stock market sustained gains bringing the
benchmark index up 2.38% to settle at 90,063.27 points.
Sustained buy interests in industrial heavyweights namely,
DANGCEM (+9.86%), BUACEM (+9.99%) alongside GEREGU (+9.94%) kept the market
strong in the green, outweighing selloffs in ZENITHBANK (-1.42%), GTCO (-1.80%)
and DANGSUGAR (-9.95%).
As a result, the year-to-date (YTD) return rose to 20.45%,
while market capitalization gained ₦1.14trn to close at ₦49.28trn.
Analysis of today's market activities showed trade turnover
settled higher relative to the previous session, with the value of transactions
up by 3.89%.
A total of 1.30bn shares valued at ₦16.38bn were exchanged in
17,471 deals. STERLINGNG (-9.09%) led the volume chart with 106.14m units
traded while NB (+1.82%) led the value chart with deals worth ₦2.02bn.
Market breadth closed positive at a 1.26-to-1 ratio with
advancing issues outnumbering the declining ones. GUINNESS (+10.00%) topped
forty-three (43) others on the leader’s table while RTBRISCOE (-10.00%) led
thirty-four (34) others on the laggard's log.
Find below key
highlights of market activities.
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