THUR APRIL 25 2024-theGBJournal| Trading activities in the local bourse closed on a positive note today, as buying interest in TRANSCOHOT (+9.8%) triggered a 0.1% gain in the benchmark index.
Thus, the NGX ASI closed at 98,169.30 points, as the MTD and YTD returns printed -6.1% and +31.3%, respectively.
The total volume traded declined by 24.9% to 297.20 million units, valued at N6.52 billion, and exchanged in 7,417 deals. ZENITHBANK was the most traded stock by volume and value at 48.49 million and N1.77 billion, respectively.
On sectors, the Oil & Gas (-1.4%), Banking (-0.8%) and Consumer Goods (-0.1%) indices recorded losses while the Industrial Goods index closed flat. The Insurance (+0.9%) index was the sole gainer of the day.
As measured by market breadth, market sentiment was negative (0.7x), as 23 tickers lost relative to 16 gainers.
STERLINGNG (-9.7%) and CWG (-9.6%) recorded the most significant losses of the day, while TRANSCOHOT (+9.8%) and LIVESTOCK (+9.4%) topped the gainers’ list.
The naira depreciated by 0.1% to N1,309.88/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
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