Finance & EconomyNews

Investors Gain N318.19bn

As NGXASI Closes Above 46,000 Basis Points as Bargain Hunting Improves

Equities market closed on a positive note, as NGXASI appreciated by +1.29% to close at 46,529.99 basis points as against  +0.02% appreciation recorded previously. Its Year-to-Date (YTD) return currently stands at +8.93%.   

 Market breadth closed positive as AIRTELAFRI led 19 Gainers as against 17 Losers topped by CADBURY at the end of today’s session an unimproved performance when compared with previous outlook.       

 Market turnover closed positive as volume moved up by +32.82% as against -11.10% downtick recorded in the previous session. MULTIVERSE, MBENEFIT and GUARANTY were the most active to boost market turnover.  MTNN and GUARANTY topped market value list.

MULTIVERSE leads the list of active stocks that recorded impressive volume spike at the end of today’s session.

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