TUE 28 SEPT, 2021-theGBJournal- The Nigerian equities market traded with mixed sentiments as losses in ZENITHBANK (-0.6%) offset gains in GTCO (+0.4%). Thus, the All-Share Index traded flat at 38,858.99 points, with the Month-to-Date and Year-to-Date returns unchanged at -0.9% and -3.5%, respectively.
The total volume of trades surged by 277.4% to 526.30 million units, valued at NGN3.04 billion, and exchanged in 3,535 deals. HONYFLOUR was the most traded stock by volume and value at 402.18 million units and NGN1.53 billion, respectively.
Sectoral performance was mixed, as the Insurance (-3.4%) and Banking (-0.3%) indices declined, while the Consumer Goods (+0.1%) indices posted gains. Elsewhere, the Oil & Gas and Industrial Goods indices closed flat.
As measured by market breadth, market sentiment was flat (1.0x), as an equal number of tickers (13) recorded gains and declines. WEMABANK (+5.1%) and FLOURMILL (+1.9%) recorded the most significant gains, while MANSARD (-9.7%) and AFRIPRUD (-8.6%) topped the losers’ list.
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