WED, DEC 20 2023-theGBJournal|The NGX All Share Index continued the bull run as the benchmark index gained 1.28% to settle at 73,397.71 points.
Interests in telco heavyweight AIRTELAFRI (+4.87%), tier 1 banks namely ZENITHBANK (+1.99%) and GTCO (+0.76%) kept the market in the green, outweighing losses in DANGSUGAR (-0.96%), FBNH (-0.43%), and ETI (-7.71%).
Consequently, the year-to-date (YTD) return rose to 43.21% while the market capitalization rose by N507.60 billion to close at N40.16 trillion.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 84.62%. A total of 554.64m shares valued at N12.83 billion were exchanged in 7,910 deals.
GTCO (+0.76%) led both the volume and value charts with 89.45 million units traded in deals worth N3.58 billion.
Market breadth closed positive at a 1.64-to-1 ratio with advancing issues outnumbering the declining ones.
MULTIVERSE (+10.00%) topped thirty-five others on the leader’s table while TANTALIZER (-10.00%) led twenty-one others on the laggard’s log.
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