The Nigerian equities market closed postively today, as the All-Share Index was up by 85bps to settle at 109,953.12 points.
The uptrend was supported by renewed interest across key sectors, with notable gains in Zenith Bank(+1.79%), First Holdco(+2.39%), Accessco(+1.62%), Transcorp(+0.12%), Bua food(+5.26%), Wapic (+5.03%) and Stanbic(+0.07%).
On the downside, GTCO(-2.29%), Fidelity bank(-2.41%), Custodian(-9.63%), Dangsugar(-2.56%), Sterling(-1.68%), NB(-0.09%), Ucap(-0.54%) and FCMB(-1.02%) were key laggards.
Market turnover closed at ₦11.09 billion ($6.97 million), with trading activity largely driven by volumes in GTCO, Zenith, Fidelity Bank, Aradel and Accesscorp. We anticipate the market to continue to trade in the current levels in the next trading session.