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Daily Market Update (Equities)

Today, the Nigerian Equities market closed positive as the benchmark index increased by 1.57% to 104,421.23 points. Consequently, the market’s year-to-date returns (YTD) increased to 39.65% (vs yesterday 37.48%).  Market movers today were MTNN, FBNH, ACCESSCORP and DANGSUGAR while the draggers were NEM, UNITED CAPITAL, Nigerian Aviation Handling Co and STANBIC IBTC.

Total Volume increased by 9.58% to 943.51mn units and the Total Value traded rose by 93.13% to NGN23.48bn. FBNH traded the highest in terms of Volume and Value.

Top losers for today were JOHNHOLT, MORISON and NEM while the top gainers were NEIMETH, MEYER and PZ.

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