WED OCT 30 2024-theGBJournal| The NGX All-Share Index fell 4bps on Wednesday to close at 98,023.23 points, despite gains in other major Indices including the NGX 30 Index, NGX CG Index and NGX Banking Index.
MTNN (-4.84%), FBNH (-0.75%) and JAIZBANK (-10.00%) shares fell substantially while GTCO (+5.34%), ZENITHBANK (+1.28%) and UBA (+1.18%) recorded major gains.
Similarly, the ASI year-to-date (YTD) return fell to 31.09%, while the market capitalization shed N21.11 billion to close at N59.40 trillion
Market activities showed trade turnover settling higher relative to the previous session, with the value of transactions up by 71.43%.
A total of 538.96 million shares valued at N15.30 billion were exchanged in 10,028 deals.
JAIZBANK (-10.00%) led the volume chart with 106.68 million units traded, while MTNN (-4.84%) led the value chart in deals worth N5.39 billion.
Market breadth closed positive at a 1.41-to-1 ratio with advancing issues outnumbering declining ones.
SKYAVN (+10.00%) topped thirty others on the leader’s log, while JAIZBANK (-10.00%) led twenty-one others on the laggard’s table.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
