The stock exchange market made a bullish trend at the end of today’s trading session, posting gains that increased the index by +181.18 points.

The All-Share Index increased by +0.47% closing at 38,849.08 from 38,667.90 index points as Oando maintained a bullish pace for the third trading session in a row.

  • The stock exchange market value currently stands at N20.2 trillion. Its Year-to-Date (YTD) returns currently stands at – 3.53%.
  • The market breadth closed positive as OANDO led 29 Gainers, and 16 Losers topped by UNIVINSURE at the end of today’s session.
  • The stock market has declined -1,421.64 basepoints since the start of the year.

NGX ASI top gainers

  1. OANDO up +9.82% to close at N4.36
  2. FTNCOCOA up +9.76% to close at N0.45
  3. ARDOVA up +9.75% to close at N17.45
  4. BOCGAS up +9.74% to close at N8.45
  5. LIVESTOCK up +9.64% to close at N2.16

NGX ASI top losers

  1. UNIVINSURE down -9.09% to close at N0.20
  2. LINKASSURE down -7.14% to close at N0.65
  3. SOVRENINS down -6.90% to close at N0.27
  4. AFRIPRUD down -6.52% to close at N6.45
  5. REGALINS down -6.25% to close at N0.45

Outlook

  • Market sentiments trend towards the bulls as 29 gainers outweigh 16 losers.
  • Nairametrics advises cautious buying in this era of growing uncertainties.