…CHAMPION (+9.9%) and VERITASKAP (+9.9%) recorded the most significant gains of the day
…TRANSCOHOT (-10.0%) and REGALINS (-8.5%) topped the losers’ list
THUR JUNE 20 2024-theGBJournal| The Nigerian equities market traded with mixed sentiments today, as gains in GTCO (+4.4%) and TRANSCORP (+6.2%) offset the loss in TRANSCOHOT (-10.0%).
Consequently, the All-Share index closed flat at 99,842.82 points with the MTD and YTD returns settling at +0.6% and +33.5%, respectively.
The total volume of trades declined by 6.0% to 1.30 billion units, valued at N25.33 billion, and exchanged in 8,364 deals.
FBNH was the most traded stock by volume and value at 871.08 million units and N19.12 billion, respectively.
Analysing by sectors, the Banking (+0.7%), Insurance (+0.3%) and Consumer Goods (+0.2%) indices posted gains, while the Industrial Goods and Oil and Gas indices were unchanged.
As measured by market breadth, market sentiment was positive (2.1x), as 34 tickers gained relative to 16 losers.
CHAMPION (+9.9%) and VERITASKAP (+9.9%) recorded the most significant gains of the day, while TRANSCOHOT (-10.0%) and REGALINS (-8.5%) topped the losers’ list.
The naira depreciated by 0.2% to N1,485.36/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) at close of trade today.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
