Daily Market Update (Equities)
Today, the Nigerian equities market closed negative, falling by 1.23% to 98,751.98 points. This pushed market’s year-to-date (YtD) returns down to 32.07% (vs. Yesterday: 33.71% YtD).
Total volume traded (-30.92% to 367.62mn units) and total value traded (-20.38% to NGN6.78bn) closed lower. ACCESSCORP noted the highest trade in terms of volume while GTCO recorded the highest trade in terms of value.
BUACEMENT, MTNN and SOVRENINS recorded the highest losses today, while FTNCOCOA, CHAMPION and PZ were the top gainers.
Weekly Commentary and Stock Recommendation: 7th October – 11th October 2024