The Nigerian Exchange Group (NGX) closed positive amidst buy-interests and sell-offs as bulls dominated proceedings, driving up the broad market by 9 basis point. The All-share Index (ASI) appreciated by 0.09% to close at 49,695.12 points.
In the same vein, Market Capitalization grew by N23 billion to close at N26.80 trillion while the Year-to-Date (YtD) returns settled at 16.34%. The stock market has advanced by 6,978.68 base points since the start of the year.
Market breadth closed positive as NEM led 9 gainers, and 16 Losers topped by HONYFLOUR at the end of today’s session.
On a sectoral level, 4 of the 5 major indices of the Nigerian Exchange closed positive with NGX Consumer goods, Insurance, Banking and Industrial indices up by 0.06%, 0.44%, 0.87% and 0.15 respectively while NGX Oil & Gas index was down by 0.16%.