…The Naira depreciated by 0.08% to ₦1,532.39
EQUITIES MARKET:
The market edged up slightly as the NGX All-Share Index gained 4bps to close at 105,593.28 points, extending its positive run amid mixed investor sentiment.
Investor interest in key stocks such as FIDELITYBK (+4.38%), ZENITHBANK (+3.24%), UCAP (+2.11%), GTCO (+1.37%),
FIRSTHOLDCO (+1.23%), and 24 others propelled the market’s upward momentum.
Consequently, the Year-to-Date (YTD) return appreciated to 2.59%, while market capitalization rose by 0.05% to ₦66.21 trillion, adding ₦26.27 billion to investors’ wealth.
Sectoral performance leaned positive, with three of the five tracked indices closing higher while two declined. The Insurance
index (+1.99%) led the gains, driven by advances in CONHALLPLC (+5.56%), SUNUASSUR (+5.04%), UNIVINSURE
(+2.72%), MANSARD (+4.65%), and CORNERST (+0.30%). The Banking (+1.33%) and Industrial (+0.01%) indices also edged up, supported by price increases in FIDELITYBK (+4.38%), ZENITHBANK (+3.24%), and GTCO (+1.37%). Conversely, the Oil/Gas (-1.69%) and Consumer Goods (-0.10%) indices weakened, weighed down by losses in OANDO (-5.66%), ARADEL (-3.26%), DANGSUGAR (-2.78%), and NB (-0.60%).
MARKET ACTIVITY
Market activity was mixed as traded volume depreciated by 20.70% to 349.33 million units while the traded value appreciated by 43.98% to ₦15.08 billion.
MARKET BREADTH
The market breadth, which measures investor sentiment through the Gainers/Losers ratio increased to 1.38x from 1.14x as 29 stocks appreciated, 21 stocks depreciated and 73 stocks closed flat.
FIXED INCOME MARKET
The fixed-income market traded flat as the average Treasury bill yield settled at 19.17%, while bond yields closed flat at 18.53%.
CURRENCY MARKET
The Naira depreciated by 0.08% to close at ₦1,532.39.
