The stock market sustained its positive activities with an appreciation in the prices of the highly capitalised stocks such as Airtel Africa, MTN Nigeria, Presco, Guinness and Okomu oil etc.
Transactions on the floor of the Nigerian Exchange Limited (NGX) on thursday, closed on a positive note as the All Share Index appreciated by 1.42% to settle at 50,835 points, from the previous close of 50.226.41 points, bringing the year-to-date to 19.01%, the month-to-date to 2.40% and the week-to-date to 2.40% respectively.
Investors gained 372Billion as market capitalisation appreciated by 1.42% to close at N27.406trillion from the previous close of N27,034trillion. An aggregate of 669.299Million units of shares were traded in 6,801 deals valued at N8.305Billion.
Market Breadth:
The market breadth closed positive as 31 equities gained while 27 equities declined in their share prices.
Percentage Gainers:
Guinness Plc led other gainers with 10% growth to close at N110 from the previous close of N100.
Mcnichols, Nigerian Brewery and Fidson Plc amongst other gainers also grew their share prices by 10%, 9.95% and 9.93% respectively.
Percentage Losers:
Transcorp Hotel Plc led other price decliners as it shed 9.09% off its share price to close at N4.50 from the previous close of N4.95.
Multiverse, FTN Cocoa, Mutual Benefit Plc amongst other losers also shed their share prices by 8.70%, 7.69% and 7.69% respectively.
Volume Drivers:
FCMB Plc traded about 136.519mIllion units of its shares in 78 deals, valued at N485.226million.
Zenith Bank Plc traded about 29.243million units of its shares in 574 deals, valued at N705.040million.
Transcorp Plc traded about 26.387million units of its shares in 161 deals, valued at N30.637million.
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May
May 5, 2022