TUE OCT 15 2024-theGBJournal| The NGX All-share Index (ASI) ended higher Tuesday, with major indices climbing to sustain the market’s tow-day rally.
The ASI added 33bps to close 98,540.93 points. Gains in GTCO (+3.21%), OANDO (+7.93%), and ACCESSCORP (+1.28%) outweighed selloffs in FBNH (-0.76%) and STANBIC (-7.11%).
As a result, the ASI year-to-date return increased to 31.79%, while the market capitalization gained N197.41 billion to close at N59.71 trillion
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 36.07%.
A total of 286.04m shares valued at N26.82 billion were exchanged in 9,650 deals.
ACCESSCORP led the volume chart with 45.95 million units traded, while SEPLAT (+0.00%) led the value chart in deals worth N1.18 billion
Market breadth closed negative at a 0.52-to-1 ratio with declining issues outnumbering the advancing ones.
CAVERTON (-10.00%) topped twenty-six others on the laggard’s table, while CHAMPION (+9.97%) led thirteen others on the leader’s log.
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