Daily Trust

Do­mes­tic eq­ui­ties mar­ket closes flat

- From Sun­day Michael Ogwu, La­gos

The stock mar­ket closed yes­ter­day’s trad­ing ses­sion flat as the bench­mark in­dex stood at 28,344.34 points while mar­ket cap­i­tal­i­sa­tion and year to date re­turn re­main un­changed at 14.8 tril­lion and 5.6 per cent re­spec­tively.

The ac­tiv­ity level waned as av­er­age vol­ume and value traded de­clined by 59.2 per cent and 37.5 per cent to 218.4 mil­lion units and 3.1 bil­lion re­spec­tively.

The most traded stocks by vol­ume were Zenith (53.1m units), UBA (33.5m units) and Guar­anty (25.1m units) while Zenith (1.1bn), Guar­anty (753.2m) and Stan­bic (269.8m) led by value.

Per­for­mance across sec­tors was pos­i­tive as 4 of 6 in­dices un­der re­view closed in the green.

Newspapers in English

Newspapers from Nigeria