Nigerian stocks end week positive albeit index dropping 0.14% w-o-w

After a flip-flop performance during the week, trade on Friday saw the Nigerian Stock Exchange (NSE) all-share index appreciating 0.03 percent to close at 35,439.98 points as against the 0.93 percent appreciation recorded previously,

However, Fridays positive trade could not lift the benchmark index above previous week’s performance, instead paring it by 0.14 percent.

Friday’s market performance thus brings year-to-date gains 31.87 percent.

Market breadth closed flat as CILEASING led 18 Gainers as against 18 Losers topped by AGLEVENT at the end of the day’s trading session, an unimproved performance when compared with previous outlook.

Market turnover closes negative as volume moved down by -31.88 percent as against +153.82 percent uptick recorded in the previous session. UBA, GUARANTY and ACCESS were the most active to boost market turnover., while GUARANTY and ZENITHBANK topped market value list.

CAP leads the list of active stocks that recorded impressive volume spike at the end of today’s session.