WED 26 JAN, 2022-theGBJournal- The domestic bourse sustained its positive momentum from yesterday’s session, as the All-Share index advanced by 1.3% to 46,529.99 points.
Today’s performance was supported by foreign investors’ demand for AIRTELAFRI (+10.0%). Consequently, the Year-to-Date return increased to +8.9%.
The total volume traded increased by 32.8% to 329.00 million units, valued at NGN4.82 billion, and exchanged in 4,219 deals. MULTIVERSE was the most traded stock by volume at 57.60 million units, while MTNN was the most traded stock by value at NGN995.27 million.
Across sectors, the Banking (+1.3%) index was the sole gainer, while the Industrial Goods (-1.9%), Insurance (-0.6%), Oil & Gas (-0.6%), and Consumer Goods (-0.4%) indices declined.
As measured by market breadth, market sentiment was positive (1.1x) as 19 tickers gained relative to 17 losers. AIRTELAFRI (+10.0%) and ETI (+9.6%) recorded the most significant gains of the day, while CADBURY (-9.5%) and PRESTIGE (-8.7%) topped the losers’ list.
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