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Market Performance Report for May 9th, 2022.

Home   /   Daily Market Reports   /   Market Performance Report for May 9th, 2022.
9
May

May 9, 2022
by
in Daily Market Reports

The Stock Market Sustained a positive trend for the fourth Consecutive week as the All Share Index gained 1.90% at the close of today’s trading session. The market recorded 37 gainers while equities of 21 companies declined in price.

Transactions on the floor of the Nigerian Exchange Limited (NGX) on Monday, closed on a positive note as the All Share Index appreciated by 1.90% to settle at  51,902 points, from the previous close of 50,935 points, bringing the year-to-date to 21.51%, the month-to-date to 4.5% and the week-to-date to 1.90% respectively.

Investors gained N521Billion as market capitalisation appreciated by 1.90% to close at N27.981trillion from the previous close of N27,460trillion. An aggregate of 337.564Million units of shares were traded in  7,684 deals valued at N7,684Billion.

Market Breadth:

The market breadth closed positive as 37 equities gained while 21 equities declined in their share prices.

Percentage Gainers:

Nigerian Brewery Plc led other gainers with 10% growth to close at N77  from the previous close of N70.

Cadbury, Royal Exchange Assurance and Champion Brewery Plc amongst other gainers also grew their share prices by 9.96%, 9.90% and 9.88% respectively.

Percentage Losers:

Transcorp Hotel Plc led other price decliners as it shed 10% off its share price to close at N4.05 from the previous close of N4.50.

Guinness, Multiverse, and Wapic Plc amongst other losers also shed their share prices by 9.59%, 9.09% and 6.67% respectively.

Volume Drivers:

Transcorp Plc  traded about 37.759mIllion units of its shares in 292 deals, valued at N45,005million.

GTCO Plc traded about 24.757million units of its shares in 521 deals, valued at N580.630million.

Zenith Bank Plc traded about 21.200million units of its shares in 396 deals, valued at N521.669million.

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