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Daily Market Update (Equities)

The Nigerian Equities market ended the week on a negative note. The All-Share Index (ASI) shed 0.02% to settle at 98,234.24 points. Consequently, the market year-to-date (YtD) returns fell to 31.38% compared to 31.40% YtD yesterday. The was driven by losses in TRANSCORP, PZ, and FLOURMILLS offsetting the gains in GTCO, UBA and CUSTODIAN.

Market activity was positive today with the total volume and value traded fell by 49.09% and 54.86% to 344.38mn units and NGN7.52bn, respectively. Today, UBA traded the highest in terms of volume and value.

Today, HONYFLOUR, GUINEAINS and INTENEGINS topped the gainers chart, while MANSARD, PZ and ETERNA topped the loser’s chart.

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