From NSE Data, the equity market starts trading week on a positive note as bargain hunters took advantage of the low prices of highly capitalized stocks.
This action resulted in a significant gain of 2.29% when compared to the 0.91% recorded previously. It closed at 30,369.97 basis point.
The increase took the week-to-date and the month-to-date market returns to gains of 2.29% and 0.48% respectively. while the year-to-date market returns to a reduced loss of -12.37% respectively.
ZENITHBANK, GUARANTY and NESTLE were the most active stocks boosting market turnover in the bourse.
The market breadth was positive as 42 gainers over 12 losers were recorded.
The highest gainer recorded was GUINNESS with 10.24% gain in its price, while VANLEER on the other hand was the highest loser with -4.92% loss in its price.
Also, one out of the key five sectoral indices was affected in today’s reversals.