MON. 28 NOV, 2022-theGBJournal| The Nigerian equities market started the week on a bearish note, following profit-taking activities in BUACEMENT (-2.8%).
As a result, the All-Share Index dipped by 0.3% to 47,436.45 points, ending its six-day winning streak.
Accordingly, the Month-to-Date and Year-to-Date returns printed +8.2% and +11.1%, respectively.
The total volume traded increased by 182.2% to 279.28 million units, valued at NGN1.56 billion, and exchanged in 3,781 deals. REGALINS was the most traded stock by volume at 97.63 million units, while BUACEMENT was the most traded stock by value at NGN268.67 million.
Sectoral performance was mixed, as the Insurance (+1.5%) and Oil & Gas (+0.1%) indices printed gains, while the Industrial Goods (-1.3%) and Banking (-0.2%) indices declined. The Consumer Goods index closed flat.
As measured by market breadth, market sentiment was flat (1.0x) as an equal number of tickers (15) gained and lost.
PRESTIGE (+9.3%) and NEM (+9.2%) recorded the most significant gains of the day, while BETAGLAS (-9.9%) and SCOA (-9.4%) topped the losers’ list.
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