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Daily Market Wrap
Equities: Banking bellwethers hovering around support
NSEASI slips by 12bps
Trading on the Lagos bourse ended on a tepid note today as the benchmark index slipped by 0.12% to close at 41,099.15 points. The indicator’s performance was bruised by losses recorded across board, notably on select midcap stocks. Investors booked profit on major insurance names while sustained selloffs on consumer goods tickers pressured the index to a negative close. Heavyweight MTNN (-0.12%) and DANGCEM (-0.21%) gave up marginal points while TRANSCORP (-9.38%), FLOURMILL (-2.77%), and GLAXOSMITH (-2.78%) closed in the reds.
| Indicators | Current | Change (%) | YTD | |
|---|---|---|---|---|
| All-Share Index | 41,099.15 | -0.12% | 2.06% | |
| Volume(millions) | 1,121 | 72.61% | 8.75 bn units | |
| Value(₦ ‘b) | 6.39 | 38.72% | ₦66.71 billion | |
| Market Cap.(₦ ‘tr) | 21.50 | -0.12% | 2.10% |
Updated:Thu, 21st January, 2021 07:41pm
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