THUR 28 OCT, 2021-theGBJournal- The Nigerian equities market snapped yesterday’s loss, as the All-Share Index notched a 0.4% gain to close at 41,961.14 points. The performance was supported by investors’ interests in MTNN (+0.9%) and NB (+6.4%). Consequently, Month-to-Date and Year-to-Date gains increased to +4.3% and +4.2%, respectively.
The total volume traded increased by 96.4% to 558.89 million units, valued at NGN4.40 billion, and exchanged in 4,683 deals. FBNH was the most traded stock by volume and value at 162.61 million and NGN1.87 billion, respectively.
Analysing by sectors, the Consumer Goods (+1.5%), Banking (+0.7%), Oil & Gas (+0.2%) and Industrial Goods (+0.1%) indices recorded gains while the Insurance (-0.2%) index declined.
As measured by market breadth, market sentiment was positive (1.7x), as 20 tickers gained, relative to 12 losers. CADBURY (+10.0%) and GUINNESS (+10.0%) recorded the most significant gains of the day, while MANSARD (-6.0%) and COURTVILLE (-4.4%) topped the losers’ list.
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