WED 23 MARCH, 2022-theGBJournal| In its first session of gain in the week, the domestic bourse rebounded slightly as the benchmark Index managed to eke out a meagre 0.02% gain to close at 47,163.94 points, ending four consecutive sessions of loss.
Investor interest in ACCESS (+1.02%), WAPCO (+0.85%) and UBA (+0.66%) drove the market into the green despite sustained losses in ZENITHBANK (-0.19%), INTBREW (-1.00%) and ETI (-0.87%). Consequently, the year-to-date (YTD) return rose to 10.41%, while the market capitalization gained ₦3.98bn to close at ₦25.42trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions declining by 17.61%. A total of 267.48m shares valued at ₦3.22bn were exchanged in 4,099 deals. FIDELITYBK (+1.89%) led the volume chart with 68.82m units traded, while GTCO (+0.00%) led the value chart in deals worth ₦621.97m.
Market breadth closed even at a 1-to-1 ratio with declining issues equalling advancing ones. CAP (+10.00%) topped fifteen (15) others on the gainer’s log, while FCMB (-8.72%) led fifteen (15) others on the laggard’s table.
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