THUR 13 JAN, 2022-theGBJournal- The local bourse traded with mixed sentiments as the sell-offs of CUSTODIAN (-9.5%) and STANBIC (-0.8%) offset investors’ interest in INTBREW (+4.0%). Precisely, the All-Share Index settled 1bp lower to close at 44,604.74 points. Consequently, the Year-to-Date return was unchanged at +4.4%.
The total volume traded increased by 20.8% to 321.75 million units, valued at NGN3.66 billion, and exchanged in 4,565 deals. TRANSCORP was the most traded stock by volume at 104.58 million units, while SEPLAT was the most traded stock by value at NGN920.64 million.
Analysing by sectors, the Consumer Goods (+0.2%) and Banking (+0.1%) indices recorded gains, while the Insurance (-0.9%) index declined. The Industrial Goods and Oil & Gas indices closed flat.
As measured by market breadth, market sentiment was positive (1.1x) as 14 tickers gained relative to 13 losers. TRANSCORP (+9.7%) and CHIPLC (+7.9%) topped the gainers’ list, while NEM (-10.0%) and CUSTODIAN (-9.5%) recorded the highest losses of the day.
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