TUE 22 FEB, 2022-theGBJournal- Trading in the Nigerian equities market was moderately positive in today’s session, as the NGX All-Share Index scored a 3bps gain to close at 47,246.90 points. Precisely, investors’ interest in GTCO (+1.3%) supported market performance amid sell-offs of GUINNESS (-5.3%). Consequently, the Month-to-Date and Year-to-Date returns remained at +1.3% and +10.6%, respectively.
The total volume traded advanced by 0.1% to 421.82 million units, valued at NGN5.16 billion, and exchanged in 5,992 deals. UCAP was the most traded stock by volume at 66.10 million units, while ZENITHBANK was the most traded stock by value at NGN1.39 billion.
Analysing by sectors, the Insurance (-0.6%), Consumer Goods (-0.4%), and Banking (-0.1%) indices posted losses, while the Industrial Goods and Oil & Gas indices closed flat.
As measured by market breadth, market sentiment was positive (1.6x) as 29 tickers gained relative to 18 losers. NIGERINS (+10.0%) and LEARNAFRCA (+10.0%) recorded the most significant gains of the day, while ELLAHLAKES (-9.9%) and VERITASKAP (-8.0%) topped the losers’ list.
