TUE, DEC 12 2023-theGBJournal|The NGX Exchange maintained the bull run from Monday’s session, sending the benchmark Index up by 0.33% to close at 71,907.26 points.
Sustained buying interest in telco heavyweight MTNN (+2.08%), tier one bank namely GTCO (+0.64%), and ACCESSCORP (+0.99%) offset losses in FBNH (-1.07%), TRANSCORP (-0.15%) and STERLINGNG (-1.01%).
As a result, the year-to-date (YTD) return rose to 40.30%, with the market capitalization increasing by N129.88bn to close at N39.35trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 52.54%.
A total of 319.56m shares valued at N5.88bn were exchanged in 6,498 deals. JBERGER (-1.15%) led both the volume chart and the value chart with 42.54m units traded in deals worth N1.46bn.
Market breadth closed flat. INFINITY (+9.79%) topped twenty-two others on the leader’s table while GUINEAINS (-10.00%) led twenty-two others on the laggard’s log.
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