TUE, JAN 09 2024-theGBJournal|The NGX Exchange benchmark index, the All-Share Index rose 3.57% to close at 83,191.84 points on Tuesday, the the sixth consecutive session of gains.
Tuesday’s gain was driven by buying interest in DANGCEM (+3.72%), alongside MTNN (+3.51%), and BUAFOODS (+5.59%) offset losses in TOTAL (-10.00%), CHAMPION (-5.00%) and CWG (-4.22%).
Year-to-date (YTD) return rose to 11.26%, with the market capitalization increasing by N1.57trn to close at N45.52 trillion.
Trade turnover settled higher relative to the previous session, with the value of transactions up by 61.77%.
A total of 1.41bn shares valued at N24.68 billon were exchanged in 17,144 deals. FIDELITYBK (+4.49%) led the volume chart with 141.75m units traded while UBA (+9.03%) led the value chart with deals worth N3.78 billion.
Market breadth closed positive at a 5.15-to-1 ratio with advancing issues outnumbering the declining ones. FBNH (+10.00%) topped sixty-six others on the leader’s table while TOTAL (-10.00%) led twelve others on the losser’s log.
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