NGX All-Share Index posts rebound, gains 70bps - 11 January 2024


Recovering from the previous session's loss, the domestic stock market posted gains as the benchmark index rose by 0.70%  to close at 82,597.04 points.


Gains in MTNN (+0.35%), BUACEMENT (+0.54%), and ZENITHBANK (+1.99%)  contributed to outweigh losses in VITAFOAM (-0.21%), CORNERNST (-3.33%), and LINKASSURE (-3.33%), keeping the market in the green.


Accordingly, the market is on track for a week of gain.  The year-to-date (YTD) return rose to 10.46%, while market capitalization gained ₦313.39bn to close at ₦45.20trn.


Analysis of today's market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 43.20%. A total of 877.28m shares valued at ₦14.41bn were exchanged in 14,919 deals.


TRANSCORP (+4.12%) led the volume chart with 74.54m units traded while ZENITHBANK (+1.99%) led the value chart in deals worth ₦1.98bn.


Market breadth closed positive at a 2.05-to-1 ratio with advancing issues outnumbering declining ones.


ROYALEX (+10.00%) topped forty-four (44) others on the leader’s table while ABBEYBDS (-9.90%) led twenty-one (21) others on the laggard's log.

Find below key highlights of market activities.



Change (%)


All-Share Index




Market Cap. (₦ 'trillion)




Volume (millions)




Value (₦ 'billion)





Source: Coronation Registrars

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