TUE 15 FEB, 2022-theGBJournal- The NGX All-Share Index traded flat at 47,064.82 points with the Month-to-Date and Year-to-Date returns unchanged at +0.9% and +10.2%, respectively as bargain hunting in MTNN (+0.3%) and BUAFOODS (+0.8%) underpinned the market’s performance.
The total volume of trades declined by 18.9% to 274.21 million units, valued at NGN3.82 billion, and exchanged in 5,331 deals. ACCESS was the most traded stock by volume at 55.40 million units while GUINNESS was the most traded by value at NGN1.16 billion.
On sectors, the Insurance (+1.5%), Oil & Gas (+0.3%) and the Consumer Goods (+0.1%) indices recorded gains, while the Banking (-1.0%) index declined. The Industrial Goods index closed flat.
As measured by market breadth, market sentiment was positive (1.4x), as 27 tickers gained relative to 20 losers. LEARNAFRCA (+9.7%) and MORISON (+9.6%) recorded the highest gains of the day, while BERGER (-9.6%) and CHIPLC (-4.6%) topped the losers’ list.
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