…GTCO (-0.38%) led both the volume and value chart with 56.61m units traded in deals worth N2.22bn.
…Market breadth closed negative at a 1.13-to-1 ratio with declining issues outnumbering the advancing ones.
THUR, FEB 15 2024-theGBJournal|The NGX Exchange benchmark index Thursday posted a 0.58% gain to settle at 104,100.00 points.
Gains in BUACEMENT (+5.87%), BUAFOODS (+1.56%) and GEREGU (+6.47%) offset losses in ZENITHBANK (-2.05%), GTCO (-0.38%) and DANGSUGAR (-4.66%), keeping the market in the green.
Consequently, The year-to-date (YTD) return rose to 39.22%, while market capitalization gained N329.25 billion to close at N56.96 trillion.
Analysis of Thursday’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 42.89%. A total of 284.49m shares valued at N6.91 billion were exchanged in 8,168 deals.
GTCO (-0.38%) led both the volume and value chart with 56.61 million units traded in deals worth N2.22 billion.
Market breadth closed negative at a 1.13-to-1 ratio with declining issues outnumbering the advancing ones.
UNILEVER (-9.80%) topped twenty-five (25) others on the laggard’s table while UPL (+9.96%) led twenty-two (22) others on the leader’s log.
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