…The year-to-date (YTD) return rose to 31.15%, while the market capitalization gained N187.26bn to close at N36.93trn.
TUE, OCT 24 2023-theGBJournal|The local bourse bounced back today, paring previous session losses, as the benchmark Index surged 0.51% to close at 67,217.77 points.
Renewed investor interests in telco heavyweight, MTNN (+0.20%), alongside Tier-1 banks, ZENITHBANK (+0.90%) and GTCO (+2.27%) pushed the broader index into positive terrain.
As a result, the year-to-date (YTD) return rose to 31.15%, while the market capitalization gained N187.26bn to close at N36.93trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 44.26%. A total of 319.90m shares valued at N6.33bn were exchanged in 6,272 deals.
ACCESSCORP (+0.00%) led the volume chart with 50.78m units traded, while GTCO (+2.27%) led the value chart in deals worth N1.50bn.
Market breadth closed positive at a 2.25-to-1 ratio with advancing issues outnumbering declining ones.
FLOURMILL (+9.93%) topped seventeen (17) others on the leader’s table, while VFDGROUP (-9.98%) led seven (7) others on the laggard’s table.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com| govandbusinessj@gmail.com
