Stock market extends bullish sentiment to 3 consecutive sessions

The positive sentiment was driven by gains on Guaranty Trust Bank Plc, MTN Nigeria, Dangote Cement Plc and 18 others.Thus, the Month-to-Date return increased to +1.96 percent while the Year-to-Date, YtD loss moderated to -14.50 percent.

Similarly, the overall market capitalization size gained N46.30 billion, representing a spike of 0.36 percent to close at N12.97 trillion. The total volume of trades decreased by 10.5 percent to 239.22 million units, valued at N2.28 billion and exchanged in 3,585 deals. First Bank Nigeria Holding, FBNH was the most traded stock by volume and value at 74.03 million units and N558.42 million respectively.

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