THUR 15 JULY, 2021-theGBJournal-The Nigerian equities market remained mixed as buying interests in ZENITHBANK (+1.3%) and STANBIC (+0.7%) were offset by late sell-offs of NB (-3.3%) and GTCO (-0.5%). Thus, the All-Share Index traded flat at 37,866.90 points, with Month-to-Date and Year-to-Date losses flat at -0.1% and -6.0%, respectively.
The total volume of trades decreased by 18.9% to 160.00 million units, valued at NGN927.86 million, and exchanged in 3,038 deals. SOVRENINS was the most traded stock by volume at 14.95 million units, while MTNN was the most traded stock by value at NGN145.48 million.
On sectors, the Oil & Gas (+0.8%), Banking (+0.7%) and Insurance (+0.3%) indices recorded gains while the Consumer Goods (-0.7%) index declined. The Industrial goods index closed flat.
As measured by market breadth, market sentiment was positive (1.2x), as 18 tickers advanced relative to 15 losers. SOVRENINS (+10.0%) and FTNCOCOA (+9.8%) recorded the most significant gains of the day, while IKEJAHOTEL (-9.3%) and WAPIC (-8.5%) topped the losers’ list.
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