Home Business Nigerian equities market closes 0.10% higher to start week

Nigerian equities market closes 0.10% higher to start week

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NGX EXCHANGE TRADING Floor
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…TRANSCORP (+9.94%) led the volume chart with 203.43m units traded while TRANSPOWER (+10.00%) led the value chart with deals worth N10.56 billion.

MON, MAR 04 2024-theGBJournal|The NGX All-Share Index rose 0.10% on Monday to close at 98,847.89 as investors interest in BUACEMENT (+4.44%), GEREGU (+2.35%), and TRANSPOWER (+10.00%) contributed to outweigh selloffs in MTNN (-7.82%), GTCO (-0.48%), and ZENITHBANK (-0.14%).

The year-to-date return rose to 32.20%, while market capitalization gained N1.85 trillion to close at N55.89 trillion.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 193.76%.

A total of 429.64m shares valued at N19.92 billion were exchanged in 10,749 deals.

TRANSCORP (+9.94%) led the volume chart with 203.43m units traded while TRANSPOWER (+10.00%) led the value chart with deals worth N10.56 billion.

Market breadth closed negative at a 0.92-to-1 ratio with declining issues outnumbering the advancing ones.

DANGSUGAR (-10.00%) topped twenty-four others on the laggard’s table while TRANSPOWER (+10.00%) led twenty-two others on the leader’s log.

X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com

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