TUE, OCT 31 2023-theGBJournal|The Nigerian equities market extended yesterday’s positive trading following investors’ interest in AIRTELAFRI (+10.0%).
Specifically, the All-Share Index notched a 1.7% gain to close at 69,236.19 points. Consequently, the Month-to-Date and Year-to-Date gains increased to +4.3% and +35.1%, respectively.
The total volume traded advanced by 12.3% to 483.27 million units, valued at N6.04 billion, and exchanged in 8,027 deals. JAPAULGOLD was the most traded stock by volume at 155.59 million units, while ZENITHBANK was the most traded stock by value at NGN996.45 million.
On sectors, the Insurance (+1.9%), Banking (+0.9%) and Industrial Goods (+0.1%) indices recorded gains, while the Consumer Goods and Oil & Gas indices closed flat.
As measured by market breadth, market sentiment was positive (1.6x), as 40 tickers gained relative to 25 losers. AIRTELAFRI (+10.0%) and CADBURY (+9.9%) topped the gainers’ list, while BETAGLAS (-9.9%) and UPL (-9.8%) recorded the highest losses of the day.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com| govandbusinessj@gmail.com
