Negative sentiment has continued to dominate the equities market with both the All-Share Index and the Market Capitalization declining marginally on Thursday by 0.1% to close at 104,858.77 basis points and 65,754 trillion Naira, respectively, caused by sell-offs in ZENITH BANK PLC and ACCESS HOLDINGS PLC.
Sequentially, the Month-to-Date and Year-to-Date returns moderated to -2.8% and +1.9%, respectively.
The total volume traded declined by 77.3% to 310.53 million units, valued at N6.25 billion, and exchanged in 10,182 deals.
FIDELITY BANK PLC was the most traded stock by volume, at 40.03 million units, while ZENITH BANK PLC was the most traded stock by value, at N1.07 billion.
As measured by market breadth, market sentiment was negative with 28 declining stocks outnumbering the 14 advancers.
LIVESTOCK FEEDS PLC (-9.57%) and ROYAL EXCHANGE PLC (-8.24%) posted the most significant losses of the day, while CWG PLC (+9.64%) and VERITAS KAPITAL ASSURANCE PLC (+8.41%) led the gainers.
Sectoral performance was mixed as the Insurance (-0.4%) index closed lower, while the Consumer Goods (+0.4%) and Insurance (+0.1%) indices advanced. The Industrial Goods and Oil & Gas indices closed flat.
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