by market capitalisation announced a 4.6 per cent leap in revenue and 2.33 per cent growth in profit for the last financial year, as well as a final dividend per share of N2.70 that would bring its total for the year to N3 per share, prompting investors to adopt a risk-on approach to trade.
Investors’ exuberance not only lifted liquidity by as much as 728 per cent, but also turnover by 119 per cent to N5.854 billion, with GTB alone accounting for N3.553 billion of that sum. The audited reports of Access Bank and Dangote Cement are due on Friday, and their release could prove a major boost for a market that could be buffeted by investors’ rate adjustment fears ahead of the outcome of the central bank’s monetary policy committee meeting next week.A positive market breadth was reported as there were 21 gainers against 13 losers at the end of trade.
The all-share index swelled by 208.71 points to 38,914.84 points, while market capitalisation closed at N20.360 trillion.Eterna led the gainers’ chart, appreciating by 9.96 per cent to close at N5.08. Lasaco went up by 8.33 to N1.30. Zenith rose to N22, notching up 7.32 per cent in the process. GTB added 6.43 per cent to end today’s trade at N29.80. Courteville completed the top 5, climbing by 5 per cent to N0.21.
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