NGX All-Share Index 29 January 2024

0

NGX All-Share Index extends gains, up 2.22%

Opening the week, the Lagos stock exchange extended gains from last week as the benchmark index closed 2.22% stronger to settle at 104,674.67 points.

 

Sustained buy interest in industrial heavyweights, DANGCEM (+9.93%) and BUACEMENT (+2.98%), alongside INTBREW (+8.49%) kept the market in the green, outweighing selloffs in ZENITHBANK (-2.33%), GTCO (-0.46%) and UBA (-1.64%).

 

As a result, the year-to-date (YTD) return rose to 39.99%, while market capitalization gained ₦1.24trn to close at ₦57.28trn.

 

Analysis of today's market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 193.06%.

 

A total of 689.93m shares valued at ₦25.94bn were exchanged in 15,887 deals. JAPAULGOLD (+3.90%) led the volume chart with 83.86m units traded while  DANGCEM (+9.93%)  led the value chart with deals worth ₦8.58bn.

 

Market breadth closed negative at a 1.76-to-1 ratio with declining issues outnumbering the advancing ones. IKEJAHOTEL (-10.00%) topped thirty-six (36) others on the laggard’s table while OANDO (+9.96%) led twenty (20) others on the leader's log.

Find below key highlights of market activities.

Indicators

Current     

Change (%)

YTD

All-Share Index

104,674.67

+2.22

+39.99

Market Cap. (₦ 'trillion)

57.28

+2.22

+39.99

Volume (millions)

689.93

+32.84

 

Value (₦ 'billion)

25.94

+193.06

 

 Source: Coronation Registrars

Post a Comment

0Comments

Post a Comment (0)