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.

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