WED, FEB 07 2024-theGBJournal| The Nigerian stock market traded with mixed sentiments today as the loss in DANGSUGAR (-5.6%) offset the gain in BUAFOODS (+3.8%).
Consequently, the NGX ASI closed flat at 102,106.31 points. Accordingly, the MTD and YTD returns remained at +0.9% and +36.6%, respectively.
The total volume traded declined by 27.5% to 341.92 million units, valued at N6.41 billion, and exchanged in 9,665 deals.
TRANSCORP was the most traded stock by volume at 39.90 million units, while GTCO was the most traded stock by value at N1.02 billion.
Performance across the sectors was mixed, as the Insurance (-1.5%), Banking (-1.5%) and Industrial Goods (-0.1%) indices declined while the Oil & Gas index was unchanged.
The Consumer Goods (+1.3%) index was the sole gainer for the day.
As measured by market breadth, market sentiment was negative (0.5x) as 35 tickers lost relative to 17 gainers.
AIICO (-9.9%) and CADBURY (-9.5%) recorded the most significant losses of the day, while MEYER (+10.0%) and TRIPPLEG (+9.8%) topped the gainers’ list.
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