WED, OCT 25 2023-theGBJournal| The NGX Exchange traded marginally lower today as profit-taking activities in UBA (-5.8%) and GTCO (-1.3%) caused a 2bps decline in the All-Share Index to 67,206.16 points.
Accordingly, the Month-to-Date and Year-to-Date returns moderated to +1.2% and +31.1%, respectively.
The total volume traded increased by 3.1% to 329.66 million units, valued at N4.41 billion, and exchanged in 5,998 deals.
FIDELITYBK was the most traded stock by volume at 50.32 million units, while GTCO was the most traded stock by value at N733.79 million.
Sectoral performance was broadly negative, as the Banking (-1.1%), Insurance (-0.6%), Oil & Gas (-0.2%), Consumer Goods (-0.2%) and Industrial Goods (-0.1%) indices declined.
As measured by market breadth, market sentiment was positive (1.2x), as 22 tickers gained relative to 18 losers.
MULTIVERSE (+9.7%) and CHAMS (+9.7%) recorded the highest gains of the day, while ETRANZACT (-10.0%) and SUNUASSUR (-10.0%) topped the losers’ list.
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