Equities Market
- Nigerian equity bourse commences the trading week on a positive note, as the NSE ASI and Market capitalization rose by 1.46%, as they both closed at 24,783.61 index points and N12,928.60tr respectively. Year-to-Date ASI growth is at (7.67%). The surge in the index was spurred by substantial gains in the Banking and industrial subsectors.
- Value of trade closed flat at N2.385Bn, No. of trades appreciated by 16.47% to 4,336, while the volume of trade declined by 2.41% to 169.998.
- UNITYBANK topped the gainers’ table with a percentage price change of 9.62%, while MANSARD led the losers’ chart with a percentage change of 10.00%
- Market breadth dip to 0.78X from 1.3X as at the last trading day, while 15 stock increase in value, as against 19 stock that decline in value.
READ MORE: DAILY MARKET REPORT