The ASI (+0.18%) recorded marginal gain in today’s trading session to settle at 39,382.96 points. Positive movement in heavy weight Dangcem (+1.61%), coupled with gains in Presco (+9.58%), Zenithbank (+1.09%), Access (+0.60%) and UBA (+0.69%) underpinned the index performance. On the contrary, weakness Mtnn (-0.19%), Wapco (-0.72%), UBN (-3.39%), Stanbic (-1.96%), Guaranty (-1.50%) and Fbnh (-1.39%) eroded some of the value.
Market turnover was N3.36bln ($8.75mln) buoyed by domestic related crosses in Presco and Uacn, as well as fragmented trades Zenithbank, and Access. Year to date performance moderated to -2.20%.We expect the market to maintain a similar trading pattern in the coming session.
