The local bourse wrapped up the day on a cautiously positive note, inching up by 10bps to close at 105,430.15 points. Gains in Transcorp (+1.13%), ETI (+2.96%), Zenith Bank (+0.60%), UBA (+0.66%), and Fidelity (+1.02%) provided support, but a mixed sentiment persisted as FCMB (-3.33%), Access (-0.72%), DangSugar (-1.35%), FBNH (-0.31%), Jaiz (-2.86%), and Nascon (-2.56%) dragged on performance.
Market turnover remained strong at N23.03 billion ($15.4 million), with fragmented trades in Geregu worth N8.2 billion leading activity, though the stock closed flat. Other notable movers included Zenith Bank, Presco, Access, and FBNH. Year to date, the index is up by 2.43%. As investors navigate shifting sentiment, we anticipate continued selective positioning and strategic plays in the sessions ahead.