Daily Market Update | 01-09-2023

Daily Market Update (Equities)

The Nigerian Equities Market benchmark index surged by 1.47% to settle at 67,527.19 points in today’s trading session. Notably, the Year-to-Date (YtD) returns increased predominantly to 31.76% (Yesterday: 29.85% YtD). The gains in DANGCEM, DANGSUGAR, FBNH, ZENITH and GTCO offset the losses recorded in STANBIC, MTNN, HONEYWELL and CHAMPION.

The Total Volume traded for today was 503.75mn units while Total Value traded was NGN6.92bn. FIDELITYBK traded the highest in terms of Volume while DANGCEM traded the highest in terms of Value.

The top gainers in today’s trading session were DANSUGAR, LASACO and NASCON

while the top losers were PRESTIGE, GLAXOSMITH and HONEYFLOUR.

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