By Bamidele Famoofo
WorldStage— The Nigerian equities market closed on a bullish note, with the benchmark All-Share Index (ASI) advancing 1.24 percent lifting its year-to-date (YTD) return to 52.35 percent.
Market activity weakened during the session, as total trading volume decreased by 8.57 percent to 492.49 million shares, while the value of transactions declined by 27.52 percent to ₦28.13 billion.
Market breadth was positive, with 44 gainers outperforming 15 decliners, indicating broad-based buying interest across the market.
Sectoral performance was largely positive, with most sectoral indices closing in the green. The Industrial Index emerged as the best-performing sector, gaining 3.36 percent. Meanwhile, ZENITHBANK led market activity, recording the highest trading volume of 94.29 million shares and the highest traded value of ₦9,910.72 billion.
On the gainers’ chart, ZICHIS and CADBURY posted the strongest price appreciation, while CMFC and FTGINSURE topped the losers’ table.
On the corporate front, several listed companies announced the dates for their forthcoming Annual General Meetings (AGMs).
