TUE 02 NOV, 2021-theGBJournal- The domestic bourse reversed yesterday’s loss following investors’ buying interest in bellwether stock – BUACEMENT (+3.5%). Precisely, the All-Share Index inched higher by 0.1% to 42,013.39 points. Thus, Month-to-Date loss printed -0.1% while the Year-to-Date gain increased to +4.3%.
The total volume traded declined by 15.6% to 318.97 million units, valued at NGN3.28 billion, and exchanged in 5,492 deals. UBA was the most traded stock by volume at 52.58 million units, while ZENITHBANK was the most traded by value at NGN747.64 million.
On sectors, the Banking (-1.5%) and Insurance (-1.5%) indices declined while the Industrial Goods (+1.1%), Oil & Gas (+0.7%) and Consumer Goods (+0.6%) indices recorded gains.
As measured by market breadth, market sentiment was negative (0.3x), as 30 tickers lost relative to 10 gainers. UACN (-9.7%) and FTNCOCOA (-8.7%) topped the losers’ list, while INTBREW (+9.6%) and LASACO (+8.3%) recorded the most significant gains of the day.
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