Daily Market Update (Equities)
The Nigerian Equities Market ended the week on a positive note as its benchmark index rose by 0.24% to 65,558.91 points. Consequently, its Year-to-Date return printed at 27.92% (Yesterday: 27.61%). The strong market performance was primarily driven by gains in DANGSUGAR, TRANSCORP, NASCON, INTBREW, and FCMB offsetting the losses in FBNH, ZENITHBANK, UBA, and NB.
The Total Volume traded for today was 356.02mn units while Total Value traded was NGN4.23bn. DANSUGAR traded the highest in terms of Value while FIDELITYBK displaced MTNN as the highest in terms of Volume.
The top gainers for today were NASCON, FTNCOCOA, and NEM while PRESTIGE, TANTALIZER, and OMATEK topped the losers’ chart.
