Today, the All-Share went down again by +0.43% to close at 103,736.08 points. This bearish performance was on account of the sell pressure in top stocks; GTCO (-6.49%), MTNN (-1.29%), FBNH (-3.32%), UBA (-3.32%), Access (-3.97%), and Zenith (-1.82%). On the other side, Dangsugar (+6.26%), ETI (+6.13%) and FCMB (+2.96%) closed positively and were today’s winners.
Turnover improved to N15.64bln ($12.01mln) due to block trades in Zenith, GTCO, UBA and Access. The Year-to-date performance of the index moderated again to 38.73%. We anticipate the same trading pattern in the upcoming session.