MON, 19 SEPT, 2022-theGBJournal| Activities in the domestic equities market carried on last week’s bearish performances, as investors took profits off SEPLAT (-3.9%). Thus, the All-Share Index settled lower by 0.1% at 49,440.21 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at -0.8% and +15.7%, respectively.
The total volume traded declined by 37.3% to 67.37 million units, valued at NGN1.48 billion, and exchanged in 3,386 deals. FBNH was the most traded stock by volume at 9.67 million units, while SEPLAT was the most traded stock by value at NGN615.12 million.
Analysing by sectors, the Banking (+0.3%), and Consumer Goods (+0.2%) indices recorded gains, while the Oil & Gas (-1.9%) and Insurance (-0.3%) indices closed in the red. The Industrial Goods index closed flat.
As measured by market breadth, market sentiment was flat (1.0x) as an equal number of tickers (11) gained and lost. ETRANZACT (+10.0%) and ACADEMY (+9.5%) topped the gainers’ list, while ABCTRANS (-10.0%) and UPL (-9.4%) recorded the most significant losses of the day.
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