MON 13 SEPT, 2021-theGBJournal- Trading at the domestic bourse started the week mixed, albeit with a bearish tilt, as profit-taking activities witnessed in WAPCO (-1.8%) led the All-Share Index 2bps lower at 38,915.62 points.
Accordingly, Month-to-Date and Year-to-Date losses printed -0.8% and -3.4%, respectively.
The total volume of trades increased by 30.1% to 201.10 million units, valued at NGN2.53 billion, and exchanged in 3,340 deals.
UNIVINSURE was the most traded stock by volume at 19.45 million units, while NESTLE was the most traded stock by value at NGN1.21 billion.
Performance across sectors was mixed, as the Oil & Gas (-0.7%), Industrial Goods (-0.1%), and Insurance (-0.1%) indices declined, while the Consumer Goods (+0.2%) and Banking (+0.1%) indices recorded gains.
As measured by market breadth, market sentiment was flat (1.0x), as an equal number of tickers (18) gained and declined. MORISON (+9.4%) and SOVRENINS (+8.0%) topped the gainers’ list while SCOA (-10.0%) and ACADEMY (-7.7%) recorded the most significant losses of the day.
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