TUE JUNE 11 2024-theGBJournal| The NGX benchmark index fell on Tuesday as losses in MTNN (-4.04%), FBNH (-0.43%) and TRANSCORP (-2.27%) suppressed sustained investor interest in SEPLAT (+0.26%), GTCO (+2.62%) and ZENITHBANK.
The NGX All-Share Index closed 0.16% lower to settle at 99,630.51 points, erasing Monday’s 0.6% gains.
The year-to-date (YTD) return fell to 33.24%, while the market capitalization shed N92.32 billion to close at N56.36 trillion.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 22.62%.
A total of 848.97m units of shares valued at N16.55 billion were exchanged in 8,064 deals.
FIDELITYBK (+2.04%) led the volume and value chart with 293.18 million units traded in deals worth N2.93 billion.
Market breadth closed positive at a 1.71-to-1 ratio with advancing issues outnumbering declining ones.
TOTAL (+9.98%) led twenty-eight others on the leader’s table, while NASCON (-9.91%) topped sixteen others on the laggards log.
Meanwhile, the naira appreciated by 0.7% to N1,473.66/US$ in the Nigerian Autonomous Foreign Exchange Market (NAFEM) from Monday’s low of N1,483.62/US$1
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