The bears continued to dominate the domestic bourse as the benchmark Index dipped 0.11% settled at 104,663.34 points. Continued selloffs in telco heavyweight, MTNN (-3.03%) alongside TRANSPOWER (-0.03%) and GTCO (-1.71%) outweighed gains in FBNH (+9.06%), UBA (+1.57%) and FLOURMILL (+3.57%). Consequently, year-to-date (YTD) return slipped 39.83%, while the market capitalisation shed ₦62.21bn to close at ₦59.12trn. Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 29.69%. A total of 307.01m shares valued at ₦7.59bn were exchanged in 9,548 deals. FBNH (+9.06%) led both the volume and value chart with 37.81m units traded in deals worth ₦1.57bn. Market breadth closed positive at a 1.09-to-1 ratio with advancing issues outnumbering the declining ones. INTENEGINS (+10.00%) topped twenty-four (24) others on the leader’s table while DAARCOMM (-9.86%) twenty-two (22) others on the laggard’s log
