The local bourse today continued its upward trend as the benchmark All Share Index recorded a 1.10% appreciation to close at 35,225.22 index points. Investors also gained N200.77 billion at close of trading. Consequently, market capitalization and year to date return settled at N17.78 trillion and 30.91% respectively.
A total volume of 264.2million units of shares, valued at N2.94billion exchanged hands in 4,354 deals. ACCESSBANK was the most traded shares by volume at 36.4million units, while ZENITHBANK topped by value at N538.6million.
Market breadth index was positive with 28 gainers against 15 losers. WAPCO (+7.14%) led the gainers list today, while REDSTAR (-9.38%) topped the laggards.
Sectorial performance was positive as the Insurance, Industrial, Banking and Energy indexes advanced by +3.50%, +2.40%, +2.04%, and 0.42% respectively. Conversely the Consumer Goods index fell by -0.09%.
Sector performance
NSE Insurance Index : Up by +3.50%, on price appreciation in MANSARD (+9.38%) and AIICO (+4.35%).
NSE Industrial Index : Rose by +2.40% due to the gains in WAPCO (+7.14%) and DANGCEM (+3.72%).
NSE Banking Index : Advanced by +2.04%, on gains in ETI (+4.20%), ZENITHBANK (+3.98%), and GUARANTY (+1.67%).
NSE Oil & Gas Index : Improved by +0.42%, as JAPAULGOLD (+8.00%) and OANDO (+5.07%) closed north.
NSE Consumer Goods Index : Fell marginally by -0.09%, due to the price decline in INTBFREW (-3.09%). MorganCapital Research
