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Daily Market Update (Equities)

The Nigerian equities market closed positive today as its benchmark index, the NGX All Share Index (ASI), rose by 0.12% to reach 71,541.74 points. Consequently, its Year-to-Date (YtD) returns went up to 39.59% compared to yesterday’s 39.43%. Gains recorded in AIRTELAFRICA, ECOBANK, and UBA offset the losses in FBNH, BUACEMENT, and ZENITH.

The total Volume and Value traded today were 503.84mn units and NGN7.21mn. Today, REGALINS traded the most in terms of Volume while AIRTELAFRICA traded the highest in terms of Value.

Today, FBNH, MRS and LEARNAFRICA led the losers’ chart while MULTIVERSE, INFINITY and PZ were at the top of the gainers’ chart.

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