THUR, 20 OCT, 2022-theGBJournal| Activity on the NGX Exchange was mixed, albeit with a bullish tilt as the benchmark index closed marginally higher (+0.03%) at 44,332.38 points.
Gains in WAPCO (2.12%), STANBIC (+3.57%) and DANGSUGAR (+3.92%) offset the declines in ZENITHBANK (-0.74%) and ACCESSCORP (-1.81%).
Despite the gain, the market remains on track for a weekly loss. As a result, the year-to-date (YTD) return stood at 3.78%, while the market capitalisation rose by N7.24bn to close at N24.14trn.
Analysis of today’s market activities showed that trade turnover settled lower relative to the previous session, with the value of transactions down by 12.87%. A total of 119.22m units of shares valued at N3.20bn were exchanged in 2,909 deals. FIDELITYBK (-1.57%) led the volume chart with 39.36m units traded while AIRTELAFRI (+0.00%) led the value chart in deals worth N1.76bn.
Market breadth closed flat. UPDCREIT (+8.93%) led 15 others on the gainer’s table, while BETAGLAS (-9.98%) topped 15 others on the laggard’s log.
Key Market Activity
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 44,332.38 | +0.03 | +3.78 |
| Market Cap. (N ‘trillion) | 24.14 | +0.03 | +8.28 |
| Volume (millions) | 119.22 | -27.90 | |
| Value (N ‘billion) | 3.20 | -12.87 |
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