Recovering from the previous session's loss, the domestic stock market posted gains as the benchmark index rose by 0.70% to close at 82,597.04 points.
Gains in MTNN (+0.35%), BUACEMENT (+0.54%), and ZENITHBANK
(+1.99%) contributed to outweigh losses
in VITAFOAM (-0.21%), CORNERNST (-3.33%), and LINKASSURE (-3.33%), keeping the
market in the green.
Accordingly, the market is on track for a week of gain. The year-to-date (YTD) return rose to 10.46%,
while market capitalization gained ₦313.39bn to close at ₦45.20trn.
Analysis of today's market activities showed trade turnover
settled lower relative to the previous session, with the value of transactions
down by 43.20%. A total of 877.28m shares valued at ₦14.41bn were exchanged in
14,919 deals.
TRANSCORP (+4.12%) led the volume chart with 74.54m units
traded while ZENITHBANK (+1.99%) led the value chart in deals worth ₦1.98bn.
Market breadth closed positive at a 2.05-to-1 ratio with
advancing issues outnumbering declining ones.
ROYALEX (+10.00%) topped forty-four (44) others on the
leader’s table while ABBEYBDS (-9.90%) led twenty-one (21) others on the
laggard's log.
Find below key
highlights of market activities.
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Source: Coronation Registrars
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