WorldStage Newsonline– Trading on the Nigerian Exchange closed on a positive note Tuesday as All-Share Index grew by 0.12% to 95,895.92 while the year-to-date (YTD) return rose to 28.25%, with market capitalization adding ₦65.05 billion to close at ₦54.45 trillion.
Investors interest in Seplat (+1.28%), Stanbic (+6.74%) and Oando (+9.90%) outweighed losses in Transcohot (-3.97%), FBNH (-0.72%) and UBA (-1.32%) keeping the market in the green.
A breakdown of the analysis of today’s market activities showed trade turnover settled higher relative to the previous session. While the value of transactions gained 0.50%, a total of 1.01billion shares (down from 3.55 billion in the previous session) valued at ₦7.69 billion were exchanged in 8,295 deals. Jaiz Bank (+5.07%) led the volume and value charts with 651.29 million units traded in deals worth ₦1.50 billion .
Market breadth closed negative at a 0.86-to-1 ratio with declining issues outnumbering the advancing ones. Thomaswy (-9.71%) topped twenty-one (21) others on the laggard’s table while Learn Afrca (+9.94%) led eighteen (18) others on the leader’s log.
