The Nigerian equities market ended the week on a positive note as the All-share index gained 0.01%WoW to settle at 39,485.65pts. Year-to-date return, therefore, moderated slightly to -1.95%. Across sectors, the mood was predominantly bullish as the NGXBNK (+0.30%WoW), NGXOILGAS (+0.08WoW), and NGXINS (+1.06%WoW)
gained while the NGXCNSMRGDS (-0.43%WoW) and NGXINDSTR (-0.19%WoW) closed in the red. UPDC (+37.59%WoW) was the top gainer for the week while ABCTRANS shed 15.38% off its share price to emerge as the week’s top loser. On the activity chart, SOVRENINS and GTCO were the top traded stocks by volume and value, respectively.
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