Trading activities in the domestic equities market closed on positive note as the NGX ASI appreciated by +0.06% to settle at 43,968.75 points. The performance was largely on account of gains recorded in Geregu (+6.90%) Fbnh (+1.99%),Berger (+1.75%),UBA (+1.41%), NGXGROUP (+0.94%) and Zenithbank (+0.25%). However, weakness in Flourmill (-9.90%), PZ (-7.03%), ETI (-5.00%), GTCO (-0.28%)and NB (+0.27%) pared the day’s gains.
Turnover was N2.17bln ( $4.9mln) dominated by trade in Accesscorp, NB and GTCO. The YTD return on the NGX index improved to +2.93%. We expect the same trading pattern in the coming session.
