Eq­ui­ties mar­ket closes week on high, ASI rises

Business a.m. - - NEWS -

Eq­ui­ties mar­ket closed Fri­day on a pos­i­tive note, as the Nige­ria All share in­dex ap­pre­ci­ated by +0.86% to close at 30,874.17 ba­sis points as against -1.33% de­pre­ci­a­tion recorded pre­vi­ously. Its yearto-date (YTD) re­turns cur­rently stands at -19.27%.

Mar­ket breadth closed pos­i­tive as FCMB led 22 Gain­ers as against 15 Losers topped by CAP at the end of to­day’s ses­sion. The mar­ket per­for­mance sig­ni­fied an im­prove­ment over the pre­vi­ous day’s trad­ing.

Mar­ket turnover closed neg­a­tive as vol­ume moved down by -43.52% as against+100.37% uptick recorded in the pre­vi­ous ses­sion. The most traded stocks at Fri­day’s ses­sion were di­a­mond bank, First Bank, and Zenith Bank. How­ever, Guar­anty Trust Bank and Zenith topped the value chart.

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