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Daily Market Wrap
Equities: Banking bellwethers hovering around support
NSE All-Share Index declines by 57bps
The NSE All-Share Index slipped by 0.57% today on sustained selloffs in select tickers. The benchmark index lost 221.98 absolute points to close at 39,045.13. Leading telecom ticker — MTNN was down by 2.91% while losses printed on select banking tickers confined the benchmark index to a negative close. For context, ACCESS (-3.61%), UBA (-2.08%), STANBIC (-0.97%) and GUARANTY (-0.45%) all edged lower— dragging the NSE Banking Index by 0.84%. Elsewhere, in the insurance space, upticks on LINKASSURE (+10.00%), PRESTIGE (+9.76%) and NEM (+9.52%) kept the sub-indices afloat by 2.22%.
|Volume(millions)||347.17||3.29%||30.22 bn units|
|Value(₦ ‘b)||2.80||-14.24%||₦301.84 billion|
|Market Cap.(₦ ‘tr)||20.43||-0.57%||-2.43%|
Updated:Thu, 1st April, 2021 09:25am
Updated: Wed, 3rd July, 2019 at 7:30am
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