July 28, 2024/United Capital Research
Equities Market Summary
Today, the Nigerian Stock Exchange Market closed on a positive note following share price appreciation in MTNN (+2.65%) and WAPCO(+3.16%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.57% to close at 135,223.55 points.
Year to date returns rose to 31.38%, while market capitalisation closed at N85.49tn. Activity level in the market was mixed with the total value of stocks traded declining by 5.78% to settle at N22.83bn. Meanwhile, the total volume of stocks traded rose by 9.17% to settle at 779.18mn units, respectively.
Corporate Announcements
• UNITED CAPITAL PLC.- An Interim Dividend of N0.30 per 50kobo ordinary share
• TRANSCORP POWER PLC- Final Dividend of N1.50 per 50 kobo ordinary share
Market Advances as Corporate Actions Begin
