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Daily Market Wrap
Equities: Banking bellwethers hovering around support
Equities: NSE All-Share Index advances by 2.19% WoW
Trading on the Lagos bourse ended the week on a brighter note as the benchmark index edged higher by 0.24% to close at 34,885.51 points. Mild demand for UBA (+1.82%), FBNH (+2.07%), and ACCESS (+1.18%) could not lift the lender’s index, however, gains on MTNN (+1.31%) supported broad market performance. Activities on the bourse this week tapered lightly with the value of trades settling lower at ₦25.7 billion (previous week: ₦35 billion) while WTD return firmed up at 2.19% WoW.
| Indicators | Current | Change (%) | YTD | |
|---|---|---|---|---|
| All-Share Index | 34,885.51 | 0.24% | 29.97% | |
| Volume(millions) | 190.28 | -26.23% | 87.52 bn units | |
| Value(₦ ‘b) | 3.33 | -5.73% | ₦903.67 billion | |
| Market Cap.(₦ ‘tr) | 18.23 | 0.24% | 40.66% |
Updated:Fri, 27th November, 2020 07:42pm
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