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Daily Market Wrap
Equities: Banking bellwethers hovering around support
NGX-All-Share Index up by 0.21%
Nigerian equities maintained an upward trajectory in today’s session, with the NGX All-Share Index edging higher by 0.21% to close at 38,667.90 points. Sustained demand for oil & gas and consumer goods tickers buoyed market performance. For specifics, TOTAL, OANDO and ARDOVA all advanced by 9.96%, 9.97% and 6.00%, respectively. Elsewhere, GUINNESS rose by 9.14% while UNILEVER advanced by 8.75%. On the flip side, CHAMPION (-8.89%) and INTBREW (-2.80%) trended lower. Over the week, the lead index accumulated points in all three trading sessions, settling 1.90% higher w/w. Summarily, the year-to-date (YTD) return eased to -3.98% while market capitalization improved by ₦42.9 billion to close at ₦20.15 trillion.
|Volume(millions)||230.25||13.36%||48.39 bn units|
|Value(₦ ‘b)||2.31||34.04%||₦509.10 billion|
|Market Cap.(₦ ‘tr)||20.15||0.21%||-4.32%|
Updated:Sat, 24th July, 2021 11:31am
Updated: Wed, 3rd July, 2019 at 7:30am
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