BABAJIDE OKEOWO
Equities market closed Friday on a positive note, as the Nigerian Stock Exchange All-Share Index NSEASI appreciated by 0.33% to close at 29,560.47points as against 0.53% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -5.95%.
Market breadth closed positive as MEYER led 28 Gainers as against 7 Losers topped by IKEJA HOTEL at the end of Friday’s session- improved performance when compared with the previous outlook.
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Market turnover closes positive as volume moved up by 3.90% as against 53.49% downtick recorded in the previous session. ZENITH BANK, SOVRENINS, and CHAMS were the most active to boost market turnover. ZENITH BANK and NESTLE topped market value list.
CUTIX leads the list of active stocks that recorded an impressive volume spike at the end of Friday’s session.