Customs Street closed red as the NSEASI dipped by -0.17% to close at 31,254pts. Year to date (YtD), the ASI has bled by 56 basis points. However, the dilutive effects of the listings of SAHCO (SKYAVN) and MTN (MTNN) shores up market capitalization by ₦2.04trn YtD.
Market breadth was positive as 20 stocks appreciated with Livestock taking the lead due to strengthened corporate governance induced by the appointment of Mr. Joseph Dada, a UACN management personnel as a Non-Executive Director of the Plc. 19 stocks bore the burns led by Japaul Oil, which lost 3kobo at the end of the session.
MTN, The telecom giant swerved it way from beign the fourth to be the most traded stock by value on the exchange (₦2.8trn) today trading at a 2.6% premium to its previous close. Union Dac, UBA, Zenith and Access Bank emerged top traded stocks by volume during today’s session.
|Market Capitalization||₦ 13,766,023,122,036.6||-0.17%|
|All Share Index||31,307.00||