TUE 26 OCT, 2021-theGBJournal- Mixed sentiments dominated trading in the Nigerian equities market for most of the day, following profit-taking activities in NB (-2.8%) that offset interests in its counterpart – INTBREW (+9.3%).
Thus, the All-Share Index was unchanged at 41,814.94 points. Accordingly, Month-to-Date and Year-to-Date returns were flat at +4.0% and +3.8%, respectively.
The total volume of trades declined by 47.6% to 353.23 million units, valued at NGN5.57 billion, and exchanged in 5,322 deals. FBNH was the most traded stock by volume and value at 73.06 million units and NGN906.75 million, respectively.
On sectors, the Insurance (+0.5%), Banking (+0.2%) and Industrial Goods (+0.1%) indices recorded gains while the Oil & Gas (-0.4%) index declined. The Consumer Goods index closed flat.
As measured by market breadth, market sentiment was mixed (1.0x), as an equal number (21) of tickers recorded gains and losses. UNIVINSURE (+10.0%) and UPL (+10.0%) recorded the highest gains of the day, while ABCTRANS (-8.8%) and FTNCOCOA (-6.3%) topped the losers’ list.
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