WED. 21 DEC, 2022-theGBJournal| The domestic bourse, the NGX Exchange, traded marginally higher in today’s session as interest in FBNH (+3.7%) and GTCO (+1.9%) triggered a 0.1% increase in the benchmark index.
Consequently, the All-Share Index closed at 49,475.43 points, the highest point since September, with the Month-to-Date and Year-to-Date returns increasing to +3.8% and +15.8%, respectively.
The total volume of trades increased by 310.8% to 411.15 million units, valued at N6.35 million, and exchanged in 2,992 deals. UPDCREIT was the most traded stock by volume at 245.33 million units, while GEREGU was the most traded stock by value at N2.63 billion.
Sectoral performance was mixed, as the Banking (+0.2%), Oil & Gas (+0.1%), and Consumer Goods (-0.1%) indices advanced, while the Industrial Goods index closed flat. The Insurance (-0.1%) index was the sole loser of the day.
As measured by market breadth, market sentiment was positive (2.3x), as 21 tickers gained relative to 9 losers. UPL (+9.8%) and THOMASWY (+9.7%) topped the gainers’ list, while MBENEFIT (-3.5%) and FTNCOCOA (-3.3%) recorded the most significant losses of the day.
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