Transactions on the floor of the Nigerian Stock Exchange on Wednesday closed on a positive note as the All Share Index appreciated by 0.02% to settle at 47,163.94 points, from the previous close of 47.156.56 points, bringing the year-to-date to -0.18%%, the month-to-date to -0.78% and the week-to-date to -0.24 respectively.
Investors gained N4Billion as market capitalisation appreciated by 0.02% to close at N25.419trillion from the previous close of N25.415trillion. An aggregate of 267,481Million units of shares were traded in 4,099 deals valued at N3,216Billion
Market Breadth:
The market breadth closed flat as 16 equities gained 16 equities declined in their share prices.
Percentage Gainers:
CAP Plc led other gainers with 10% growth to close at N19.80 from the previous close of N18.00.
Learn Africa, Champion Brewery and Sterling Bank Plc amongst other gainers also grew their share prices by 9.60%, 9.09% and 3.95% respectively.
Percentage Losers:
FCMB Plc led other price decliners as it shed 8.72% off its share price to close at N3.35 from the previous close of N3.67.
Mutual Benefit Insurance, ABC Transport, and Pharmadeko Plc Plc amongst other losers also shed their share prices by 7.41%, 6.25% and 5.98% respectively.
Volume Drivers:
Fidelity Bank Plc traded about 68.817mIllion units of its shares in 318 deals, valued at N219.244Million.
Access Bank Plc traded about 38.641million units of its shares 410 deals, valued at N384.119Million.
UBA Plc traded about 30.913million units of its shares in 240 deals, valued at N236.083Million.
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March 23, 2022