THUR. 19 JANUARY, 2023-theGBJournal| Trading in the Nigerian equities market was moderately positive in today’s session, as the NGX All-Share Index notched a 2bps gain to 52,626.42 points. Market capitalisation rose by N5.94bn to close at N28.66trn.
Precisely, investors’ interests in WAPCO (+1.0%) and DANGSUGAR (+1.8%) supported the market performance amid sell-offs of INTBREW (-5.1%). Consequently, the Year-to-Date return settled at +2.7%.
The total volume traded decreased by 40.8% to 129.04 million units, valued at NGN1.82 billion, and exchanged in 3,183 deals. ZENITHBANK was the most traded stock by volume and value at 18.55 million units and N455.74 million, respectively.
Analysing by sectors, the Insurance (+0.4%), Banking (+0.2%), and Industrial Goods (+0.1%) indices advanced, while the Oil & Gas and Consumer Goods indices closed flat.
As measured by market breadth, market sentiment was positive (1.6x), as 25 tickers gained relative to 16 losers. INTENEGINS (+9.8%) and CWG (+9.5%) recorded the highest gains of the day, while CILEASING (-10.0%) and CHAMS (-7.1%) topped the losers list.
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