THUR. 22 DEC, 2022-theGBJournal| The local bourse extended yesterday’s gain as bargain hunting in FBNH (+4.1%), and STANBIC (+3.9%) drove the All-Share Index 0.1% higher to 49,499.43 points.
Accordingly, the Month-to-Date and Year-to-Date returns settled at +3.9% and +15.9%, respectively.
The total volume traded declined by 67.8% to 132.57 million units, valued at N3.14 billion, and exchanged in 2,999 deals.
FBNH was the most traded stock by volume at 29.10 million units, while AIRTELAFRI was the most traded stock by value at N925.10 million.
Analysing by sectors, the Insurance (-0.3%), Industrial Goods (-0.3%), and Banking (-0.1%) indices closed in the red, while the Oil & Gas (+0.3%) index advanced. The Consumer Goods index closed flat.
As measured by market breadth, market sentiment was positive (1.1x), as 16 tickers gained relative to 14 losers. JBERGER (+9.9%) and CHAMPION (+9.3%) recorded the most significant gains of the day, while UPDCREIT (-6.5%) and LASACO (-5.6%) topped the losers’ list.
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