Equities market posts 3rd consecutive gains as investors further earn N61.6bn, stock market dips further , Bears persist at NGX, Equities investors lose N12.6%, Local stock market closes flat despite robust activities, Equities investors lose N38bn, Local stock market halts negative trend as investors earn N43bn, Local stock market dips further, as investors lose N516bn, bearish despite robust activities, Local stock market halts bears, gains 3bps, Local market opens week, Bullish sentiments persist, Equites investors earn N96bn , Negative sentiments persistent , Equities market sustains previous day loss, sheds 0.3%, Local stock market reverse losses, as ASI gains 1.24%, Equities investors lose N64bn, Local stock market maintains, NGX: Local stock market halts bullish run as ASI dips by 0.2%, Positive sentiments persist , bulls persist at NGX, Stock market closes week , Local stock market , Banking stocks loss dips, Local stock market sustains negative sentiments into new week, Local stock market, investors book profits off investment, Local stock market appreciates by 0.4% (WoW) amidst profit-booking, Equities investors earn N42bn , Local stock market opens, Local stock market gained N101bn in 5 days, Local stock market moderates by 0.03%, Local stock halt, Local stock market halts , Equities investors lose, Local stock market, Local stock market bows, Local stock market rebounds, High cap stocks' loss , Local stock market rebounds as market capitalisation crosses N24trn, Equities investors gain N23bn , NGX lists BUA Foods, equities market goes bullish, Local stock market extends, Equities investors earn N22bn , Local stock market opens , NGX: Stock market maintains positive sentiment as benchmark index adds 1%, Equities investors gains N629bn, Local stock market dips, Local stock market opens week bullish as investors earn N31.8bn, Investors sheds previous gains , Telcos stNegative sentiments persist, ocks push market, Investors lose N13bn in five days, Profit-taking dips market, Local stock market opens, Equities investors lose N12bn, Investors gain N169.7bn , Investors earn N54bn, Equities market rebounds, sentiments persist as investors earn, equities market halts bearish strides, Equities investors earn N10bn in five days, Local stock, dips market further by 0.1%, market reverses previous day's gain, Equities investors lose N24.4bn, Local stock market goes flat despite robust activities, Profit-taking pushed market bearish, Market opens September on bearish trend, Dangote Cement, Access stocks halt bearish trend, bears persists at NGX, Equities investors trade N8.2bn , FBN Holdings shares moves Investors lose N20bn, Equities investors earn N371bn, Bullish trend persists, Local stock market, Equities market post fourth day, Investors gain N30.1bn, Equities investors lose N159.54bn , Equities investors lose N159.54bn, Sell pressure dips market, investors gain N376bn, NGX posts second weekly loss, Bearish trend persists, Market opens week weaker, market bows to profit taking, Equities investors earn , Local bourse opens week , Local stock market closes, Sell-off in Airtel Africa's stocks pushes local stock market lower by 0.2 per cent, Bears persists , equities investors lose N23bn, Equities market bows equities investors lose , Investors gain N151bn , Investors earn N245bn , Local stock market opens, Local stock market , Equities investors lose , Local stock market, Equities market lost N604bn, Equities market sustains, Buying interest in banking stocks Stock investors earn N59.42bn, Local stock market extends , Equities investors earn , Local stock market reverses , stock pushes equities market , Equities investors begins week with N20.9bn gain,Profit-taking on banking stocks dips market by 0.2%, Local equities market rebounds, market dips, Local bourse lifts bears , Equities market, Local stock market dips, Investors lose N118bn, Equities market, Equities investors earn N108bn, Local stock market sheds, Equities 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Business

Equities market closed flat despite increased activity

Adeoye Faith

The Nigerian Equities Market closes flat, on Wednesday, as all indicators levelled up with the previous close. Market breadth likewise augmented with 9 counters apiece

The All Share Index (ASI) closed at 24,173.53 basis points, while the market capitalization N12.610 trillion. Market breadth likewise augmented with 9 counters apiece.

Data indicated that GlaxoSmithKline led the losers’ chart, trailed by Chi Plc Prestige Assurance, African Prudential and Sterling Bank. On the other side of the chart, Eterna Oil, May and Baker, NPF Microfinance Bank, Neimeth Pharmaceuticals and Cutix led the chart.

A total of 402 million shares were traded on Wednesday, a 32.37 per cent incline from volume traded in the previous trading session while the value of traded shares stood at N4.55 billion, a 39.34 per cent incline from a previous value of N3.27 billion.

In order of appearance, Nigerian Breweries, Multiverse, Sterling Bank, FBN Holdings and Dangote Cement ended the trading day as top performers in terms of volume while Nigerian Breweries, Dangote Cement, Guaranty Trust Bank, Zenith Bank and FBN Holdings made up the top five performers in terms of the value of units traded.

Analysts at APT Securities noted that half-year financial reports have started rolling in, Jaiz Bank, SAHCO, Unilever amongst others. They, therefore, advised for positioning in fundamentally justified stocks at this time as the market is set to rally in response to half-year corporate actions.

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