THUR 30 DEC, 2021-theGBJournal- Trading in the local bourse edged a positive performance in today’s session, as the NGX All-Share Index notched a 1bp gain to close at 41,813.27 points.
Precisely, investors’ interest in ZENITHBANK (+1.0%) and ACCESS (+1.1%) supported market performance amid sell-offs of DANGSUGAR (-2.9%). Consequently, the Month-to-Date and Year-to-Date returns were unchanged at -3.3% and +3.8%, respectively.
The total volume traded increased by 99.8% to 359.96 million units, valued at NGN1.84 billion, and exchanged in 3,607 deals. JAIZBANK was the most traded stock by volume at 97.76 million units, while ACCESS was the most traded stock by value at NGN308.38million.
Sectoral performance was mixed as the Oil & Gas (-0.8%), Consumer Goods (-0.3%), and Industrial Goods (-0.1%) indices declined while the Insurance (+2.2%) and Banking (+0.5%) indices posted gains.
As measured by market breadth, market sentiment was positive (1.7x) as 20 tickers gained relative to 12 losers. CHIPLC (+10.0%) and MBENEFIT (+9.7%) topped the gainers’ list, while FTNCOCOA (-7.5%) and ROYALEX (-4.8%) recorded the most significant losses of the day.
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