NGX All-Share Index sustains bullish run, up 0.15%

Closing the first month in January, the Lagos bourse closed higher as the benchmark index gained 0.15% to settle at 53,238.67 points. Gains in GEREGU (+10.00%) drove the overall market’s strong performance. As a result, the year-to-date (YTD) return rose to 3.88%, while market capitalisation gained ₦44.03bn to close at ₦29.00trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 3.86%. A total of 250.19m shares valued at ₦5.88bn were exchanged in 4,328 deals. GTCO (-0.20%) led the volume chart with 14.16m units traded, while AIRTELAFRI (+0.00%) led the value chart in deals worth ₦3.31bn.
 
Market breadth closed positive at a 1.57-to-1 ratio with advancing issues outnumbering declining ones. GEREGU (+10.00%) topped twenty-one (21) others on the gainer’s table, while CHAMS (-10.00%) led thirteen (13) others on the leader’s log.

Find below key highlights of market activities