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Daily Market Wrap
Equities: Banking bellwethers hovering around support
Equities: NSE All-Share Index advances by 0.38%
Nigerian equities consolidated on gains recorded in yesterday’s session with an uptick of 0.38% on the NSE All-Share Index. Points amassed by bellwethers in the consumer goods space helped the sub-indices finished as the best performer – with a gain of 2.61%. UNILEVER (+8.33%) buoyed performance in the personal care sector while NB (+5.88%) lifted the brewer’s sector. In the banking space, uptick on STANBIC (+2.42%) and ACCESS (+1.56%) uplifted the lender’s sub-indices by 0.03% while MTNN (+0.84%) supported broad market performance. In all, year-to-date (YTD) return moderated to -5.98% while market capitalization added ₦49.8 billion to close at ₦13.17 trillion.
| Indicators | Current | Change (%) | YTD | |
|---|---|---|---|---|
| All-Share Index | 25,236.97 | 0.38% | -5.98% | |
| Volume(millions) | 258.08 | 24.91% | 47.98bn units | |
| Value(₦ ‘b) | 1.68 | -56.18% | ₦558.9billion | |
| Market Cap.(₦ ‘tr) | 13.17 | 0.38% | 1.60% |
Updated:Thu, 13th August, 2020 02:52pm
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