NGX All-Share Index gains 0.49%

Starting the new month, the local bourse extended the bullish run for the fourth consecutive session as the All-Share index gained 0.49% to close at 53,499.68 points – the highest since 31 May 2022. Investors interest in NESTLE (+1.84%), ZENITHBANK (+2.00%), GTCO (+0.40%) kept the market in the positive terrain. Consequently, the ASI’s year-to-date (YTD) return rose to 4.39%, while the market capitalisation gained ₦142.17bn to close at ₦29.14trn. 

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 6.13%. A total of 200.37m shares valued at ₦5.52bn were exchanged in 3,716 deals. GTCO (+0.40%) led the volume chart with 16.61m units traded, while GEREGU (+8.47%) led the value chart in deals worth ₦1.64bn.
 
Market breadth closed flat. SEPLAT (+10.00%) topped thirteen (13) others on the gainer’s table, while GUINNESS (-10.00%) led thirteen (13) others on the leader’s log.

Find below key highlights of market activities