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Daily Market Wrap
Equities: Banking bellwethers hovering around support
NSE All-Share Index retreats by 0.58%
Trading on the Lagos bourse ended on a tepid note today as the benchmark index declined by 0.58% to close at 24,883.70 points. The indicator’s performance was primarily weakened by losses printed by DANGCEM (-4.09%) while losses on GUINNESS (-3.33%) and WAPCO (-0.42%) extended the gauge’s losses. But on the flip side, NB (+6.25%) and GUARANTY (+1.02%) amassed some points, nonetheless, these gains proved inconsequential as the broad index settled in the negative terrain. Summarily, year-to-date (YTD) return contracted to -7.30% while market capitalization lessened by ₦75 billion to close at ₦12.98 trillion.
| Indicators | Current | Change (%) | YTD | |
|---|---|---|---|---|
| All-Share Index | 24,883.70 | -0.58% | -7.30% | |
| Volume(millions) | 206.61 | 17.84% | 47.52 bn units | |
| Value(₦ ‘b) | 2.48 | 73.64% | ₦553.25 billion | |
| Market Cap.(₦ ‘tr) | 12.98 | -0.58% | 0.17% |
Updated:Tue, 11th August, 2020 08:22pm
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