TUE. 20 DEC, 2022-theGBJournal| The Nigerian equities market traded with mixed sentiments as gains in ZENITHBANK (+1.0%) and DANGSUGAR (+1.3%) proved sufficient in offsetting the loss in FBNH (-1.4%).
Thus, the All-Share Index traded flat at 49,416.18 points, with the Month-to-Date and Year-to-Date returns unchanged at +3.7% and +15.7%, respectively.
The total volume of trades increased by 30.4% to 100.09 million units, valued at N1.30 billion, and exchanged in 3,186 deals. GTCO was the most traded stock by volume and value at 16.44 million units, and N354.75 million, respectively.
Analysing by sectors, the Banking (+0.3%), and Oil & Gas (+0.2%) indices recorded gains, while the Insurance (-0.3%) index declined. The Industrial Goods and Consumer Goods indices closed flat.
As measured by market breadth, market sentiment was negative (0.8x), as 14 tickers lost relative to 11 gainers. NEIMETH (-9.7%) and SCOA (-9.4%) topped the losers’ list, while UPDCREIT (+8.6%) and ROYALEX (+6.0%) recorded the most significant losses of the day.
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