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NGX benchmark index unmoved after quiet trading day

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WED, APRIL. 12  2023-theGBJournal | Investors interest in DANGSUGAR (+1.47%), UBN (+0.71%) and TRANSCORP (+3.70%) was offset by selloffs in FBNH (-0.90%), ACCESSCORP (-0.57%) and UBA (-1.17%).

Consequently, the ASI year-to-date (YTD) remained at 1.37%, while the market capitalization gained N230.80m to close at N28.30trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 62.68%.

A total of 255.16m shares valued at N1.79bn were exchanged in 3,890 deals. TRANSCORP (+3.70%) led the volume chart with 117.53m units traded while ZENITHBANK (+0.00%) led the value chart in deals worth N290.04m.

Market breadth closed positive at a 1.50-to-1 ratio with advancing issues outnumbering declining ones.

BERGER (+8.57%) topped eleven (11) others on the leader’s log, while CHAMPION (-9.84%) topped seven others on the laggard’s table.

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