The Nigerian Exchange Limited, NGX market capitalization ended the week on a bearish note with a N248 billion gain.
This is as the market capitalization added N248 billion or 0.44 percent to its opening of N55.754 trillion to close at N56.002 trillion.
The All-Share Index also gained 0.44 percent or 432 points to close at 97,456.62 points, against 97,025.17 points reported on Thursday.
As a result, the Year-To-Date(YTD) return increased by 30 percent.
Further analysis showed that Investors’ interest in Guaranty Trust Holding Company (GTCO), Zenith Bank, FBN Holdings, Access Corporation, Fidelity Bank, Transnational Corporation, Nigerian Breweries and stocks contributed to the gain recorded in the market.
The market breadth also closed positive with 33 gainers outperforming 20 losers on the floor of the Exchange.
Flour Mill led the gainers’ chart by 9.99 percent to close at N54.50, and Caverton followed by 9.96 percent to close at N2.54 per share.
Ecobank Transnational…