Home Companies&Markets NGX All-Share Index closes higher, extending gains 0.25%

NGX All-Share Index closes higher, extending gains 0.25%

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WED, NOV 15 2023-theGBJournal|The NGX benchmark index, All-Share Index, closed up 0.25%.

MTNN (+0.21%), BUACEMENT (+1.96%) and GTCO (+1.93%) topped gains, outweighing losses in ZENITHBANK (-1.89%), DANGSUGAR (-0.16%) and UBA (-0.48%) as majority of sectors ended today’s session in green territory.

As a result, the ASI year-to-date (YTD) rose to 38.56%, while market capitalization increased by N113.07bn to close at N39.05trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 82.89%.

A total of 297.35m shares valued at N6.16bn were exchanged in 6,172 deals.

OANDO (+10.00%) led the volume chart with 27.97m units while NESTLE (+2.44%) led the value chart in deals worth N2.34bn.

Market breadth closed positive at a 1.67-to-1 ratio with advancing issues outnumbering declining ones. OANDO (+10.00%), topped twenty one others on the leader’s table, while SOVRENINS (-8.82%) led fourteen others on the laggard’s table.

X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com| govandbusinessj@gmail.com

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