MON JAN 06 2025-theGBJournal| The Nigerian equities market benchmark index, NGX All-Share Index ticked 0.1% to 103,648.24 points higher Monday underpinned by gains in FBNH (+3.4%), ZENITHBANK (+0.32%) and ACCESSCORP (+2.04%).
Year-to-Date returns settled at +0.7% while market capitalization gained N37.75 billion to close at N63.20 trillion.
The total trading volume increased by 20.7% to 855.97 million units, valued at N13.25 billion, and exchanged in 16,505 deals.
CHAMS was the most traded stock by volume at 80.76 million units, while GTCO was the most traded stock by value at N3.07 billion.
The Insurance (+4.1%) and Banking (+0.7%) indices gained, while the Consumer Goods (-0.4%), Industrial Goods (-0.1%), and Oil & Gas (-0.1%) indices declined.
As measured by market breadth, market sentiment was positive (2.5x), as 47 tickers gained relative to 19 losers.
DAARCOMM (+10.0%) and HONYFLOUR (+10.0%) led the gainers, while CUTIX (-5.5%) and CAVERTON (-5.4%) recorded the highest losses of the day.
At the currency market, the naira depreciated by 0.2% to N1,536.58/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
At the international currency market, the dollar lost ground against a basket of major currencies as the dollar index dipped 0.6% to 108.26, with the euro up 0.8% at $1.0389. Against the pounds sterling the dollar strengthened 0.7% to$1.2512.
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