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Market Performance Report for March 7th, 2022.

Home   /   Daily Market Reports   /   Market Performance Report for March 7th, 2022.
7
Mar

March 7, 2022
by
in Daily Market Reports

Transactions on the floor of the Nigerian Stock Exchange on Monday closed on a negative note as the All Share Index depreciated by 0.01% to settle at  47,268.61 points, from the previous close of 47.296.07 points, bringing the year-to-date to -0.01%, the month-to-date to -0.28% and the week-to-date to -0.14% respectively.

Investors lost N3Billion as market capitalisation depreciated by 0.01% to close at N25.472trillion from the previous close of N25.475trillion. An aggregate of 291,882Million units of shares were traded in  4,792 deals valued at N2,855Billion.

Market Breadth:

The market breadth closed positive as 19 equities gained  while  18 equities declined in their share prices.

Percentage Gainers:

Cornerstone Insurance Plc led other gainers with 9.38% growth to close at N0.70 from the previous close of N0.64.

Wapic Insurance, FTN Cocoa, and Honeywell Flour Plc amongst other gainers also grew their share prices by 8.70%, 8.33% and 5.14% respectively.

Percentage Losers:

Niger Isurance Plc led other price decliners as it shed 8.70% off its share price to close at N0.21 from the previous close of N0.23.

Aiico insurance, Linkage Assurance and Regency Assurance Plc amongst other losers also shed their share prices by 5.71%, 5.71% and 4.76%  respectively.

Volume Drivers:

Jaiz Bank Plc  traded about 72,458million units of its shares in 77 deals, valued at N84.458Million.

Access Bank Plc traded about 23.059million units of its shares 221 deals, valued at N236.413Billion.

UBA Plc traded about 19,995million units of its shares in 305 deals, valued at N169.141Million.

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