THE Nigerian stock market closed on a positive note yesterday, as NSE ASI appreciated by 0.74% to close at 35,190.23 basis points, compared with the 1.19% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +1.54%
Market breadth closed positive as Weman bank led 32gainers against 18losers topped by Cement Company of Northern Nigeria at the end of yesterday’s session- an improved performance when compared with previous outlook.
Market turnover closes negative as volume declined by -78.79% against +170.07% uptick recorded in the previous session. FBNH, Stanbic and Transcorp were the most active to boost market turnover. Stanbic IBTC and Zenith bank top market value list.
NSE Banking records +1.88% gain to emerge the most supportive sectoral index among others while NSE Lotus emerged as worst hit to close with -0.84%.
Stanbic leads the list of active stocks that record impressive volume spike at the end of yesterday’s session.

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