Home Companies&Markets Year-to-date return rises to 36.47% as NGX benchmark index climbs 0.18%, BUAFOODS,...

Year-to-date return rises to 36.47% as NGX benchmark index climbs 0.18%, BUAFOODS, GEREGU and ZENITHBANK gain

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…A total of 242.43 billion shares valued at N5.13 billion were exchanged in 8,715 deals.

…ACCESSCORP (-6.26%) led the volume chart with 24.90m units traded while GTCO (-0.37%) led the value chart with deals worth N841.25 million.

MON, FEB 12 2024-theGBJournal|The benchmark index, NGX All-Share Index closed 0.18% stronger on Monday to settle at 102,042.32 points, extending gains from the Friday’s session.

Buy interests in BUAFOODS (+1.05%), GEREGU (+6.75%) and ZENITHBANK (+0.14%) outweighed selloffs in GTCO (-0.37%), UBA (-1.18%) and ACCESSCORP (-6.26%), leaving the market in the green.

The year-to-date (YTD) return rose to 36.47%, while market capitalization gained N100.65 billion to close at N55.84 trillion.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 30.31%.

A total of 242.43 billion shares valued at N5.13 billion were exchanged in 8,715 deals.

ACCESSCORP (-6.26%) led the volume chart with 24.90m units traded while GTCO (-0.37%) led the value chart with deals worth N841.25 million.

Market breadth closed positive at a 1.30-to-1 ratio with advancing issues outnumbering the declining ones. CHAMS (+10.00%) topped twenty-nine others on the leader’s table while INFINITY (-9.90%) led twenty-two others on the laggard’s log.

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

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