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Market Performance Report for March 9th, 2022.

Home   /   Market Reports   /   Market Performance Report for March 9th, 2022.
9
Mar

Transactions on the floor of the Nigerian Stock Exchange on Wednesday closed on a positive note as the All Share Index appreciated by 0.28% to settle at  47,287.09 points, from the previous close of 47.154.35 points, bringing the year-to-date to 0.04%%, the month-to-date to -0.23% and the week-to-date to 0.04% respectively.

Investors gained N71Billion as market capitalisation appreciated by 0.28% to close at N25.485trillion from the previous close of N25.414trillion. An aggregate of 336.305Million units of shares were traded in  5,248 deals valued at N5,860Billion.

Market Breadth:

The market breadth closed positive as 30 equities gained  while  12 equities declined in their share prices.

Percentage Gainers:

Presco Plc led other gainers with 10% growth to close at N114.95 from the previous close of N104.50.

Pharmadeko, Link Assurance and Royal Exchange Plc amongst other gainers also grew their share prices by 9.89%, 9.80% and 9.63% respectively.

Percentage Losers:

Ellah Lakes Plc led other price decliners as it shed 9.92% off its share price to close at N3.45 from the previous close of N3.83.

May Baker, Neimeth and Niger Insurance Plc amongst other losers also shed their share prices by 9.91%, 9.34% and 8.70%  respectively.

Volume Drivers:

First Bank Plc  traded about 108.615million units of its shares in 214 deals, valued at N1.249Billion.

GTCO Plc traded about 54.134million units of its shares 384 deals, valued at N1.428Billion.

UCAP Plc traded about 25.292million units of its shares in 313 deals, valued at N308.508Million.

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