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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.
|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
Updated: Wed, 3rd July, 2019 at 7:30am
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