Equities market sustains positive sentiments as investors earn N36.6bn
Equities market sustains positive sentiments as investors earn N36.6bn
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Trading activities at the domestic equities market extended the previous day’s gain as investors’ demand for Dangote Cement notched the All-Share Index higher by 0.2 per cent to 39,382.96 basis points.
Consequently, investors earned N36.6 billion as the market’s worth closed at N20.527 trillion.
Accordingly, Month-to-Date and Year-to-Date losses moderated to -1.1 per cent and -2.2 per cent, respectively.
The positive performance was spurred by investors’ sustained buy interests in Dangote Cement and 20 others.
As measured by market breadth, market sentiment was positive, as 21 stocks gained relative to 17 losers. Meyer Plc recorded the highest price gain of 9.62 per cent to close at 57 kobo, per share. Presco followed with a gain 9.58 per cent to close at N78.90, while UPDC Real Estate Investment Trust rose by 9.21 per cent to close at 83 kobo, per share.