Daily Stock Market Scorecard, 23rd November 2020

Market Summary

The market was largely bearish today until Bellwether stocks rallied to abate the loss of All-Share Index (ASI) to -0.04%.

Today’s loss brings the Year-to-date performance of the market to 27.12%.

Market capitalization equally declined by -0.04% to close at N17.83 trillion.

Total volume traded was 568.04 million units (+64.69%), valued at N7.33 billion (+73.52%).

Five (5) stocks appreciated while 46 declined (Friday: 14 against 34) as profit-taking persists.

Consumer goods index led with +0.44%, Industrial appreciated by +0.33% while all other indices declined.

Airtel Africa, Nestle and Dangote cement gained to reduce the loss of the market, WAPCO and Stanbic lost to pull the market down.

Zenith, GTB and Dangote Cement dominated the turnover chart.

Leave a Comment

Your email address will not be published. Required fields are marked *