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Daily Market Update (Equities)

The Nigerian equities market continued its positive streak today, with the NGX All Share Index (ASI) rising 0.54% to 83,042.96 points. The positive performance pushed the year-to-date (YtD) returns to 11.06%, up from 10.46% yesterday. The gains recorded in BUAFOODS, GTCO and Transnational Corp offset the losses in BUACEMENT, ZENITH and ACCESSCORP.

The Total Volume and Value Traded declined by 31.53% and 36.88% each to 600.63mn units and NGN9.1bn respectively. Today, ACCESSCORP traded the highest in terms of Volume and Value.

IMG, UPDC and OMATEK topped the losers’ chart while MBENEFIT, IKEJAHOTEL and CADBURY topped the gainers’ chart.

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