…A total of a 491.40m shares valued at N3.22bn were exchanged in 6,549 deals.
…Market capitalization gained N31.81bn to close at N39.08trn.
TUE, NOV 21 2023-theGBJournal|Recovering from the previous session’s loss, the Nigerian Exchange posted gains as the benchmark index rose by 0.08% to close at 71,066.55 points.
Gains in Tier-1 Banking Names, ZENITHBANK (+0.15%), GTCO (+0.54%) and UBA (+0.73%) contributed to outweigh losses in INTBREW (-2.17%), OANDO (-3.72%) and FCMB (-1.45%), keeping the market in the green.
As a result, the year-to-date (YTD) return rose to 38.66%, while market capitalization gained N31.81bn to close at N39.08trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 26.07%. A total of a 491.40m shares valued at N3.22bn were exchanged in 6,549 deals.
UNITYBNK (9.38%) led the volume chart with 75.44m units traded while VFDGROUP (0.00%) led the value chart in deals worth N481.81m.
Market breadth closed positive at a 5.50-to-1 ratio, with advancing issues outnumbering declining ones.
MECURE (+10.00%) topped forty-three others on the leader’s log, while CHAMPION (-10.00%) led seven others on the laggard’s table.
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