…TANTALIZER (+2.46%) led the volume chart with 88.33 million units traded
WED DEC 04 2024-theGBJournal| SEPLAT stock enjoyed an explosive rally on Wednesday, climbing +7.55% as the NGX ALL-Share recovered 48bps to close at 98,174.99 points. The recovery pushed the NGX Exchange market capitalization up by N286.38 billion to close at N59.51 trillion.
The year-to-date (YTD) return increased to 31.30%.
GTCO (+0.29%), and ACCESSCORP (+2.08%) also rallied as equities market flip flops continued for the third straight day.
Despite selloffs in heavyweight stocks-ZENITHBANK (-0.56%), FBNH (-1.70%) and OANDO (-3.08%), the market closed in green.
Market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 27.16%.
A total of 521.92 millio shares valued at N19.93 billion were exchanged in 9,420 deals. TANTALIZER (+2.46%) led the volume chart with 88.33 million units traded, while SEPLAT (+7.55%) led the value chart in deals worth N8.03 billion.
Market breadth closed positive at a 2-to-1 ratio with advancing issues outnumbering declining ones.
GOLDBREW (+9.83%) topped thirty-nine others on the leader’s log, while SUNUASSUR (-9.85%) led nineteen others on the laggard’s table.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
