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Market Performance Report for May 30th, 2022.

30
May

Trading activities on the  stock market of the Nigerian Exchange Limited (NGX) closed on a negative note with N169billion decline in market capitalisation.

Transactions on the floor of the Nigerian Exchange Limited (NGX) on Monday, closed on a negative note as the All Share Index depreciated by 0.58% to settle at  53,772.35 points, from the previous close of 54,085.30 points, bringing the year-to-date to 25.88%, the month-to-date to 7.98% and the week-to-date to -0.58% respectively.

Investors lost N169billion as market capitalisation depreciated by 0.58% to close at N28,989trillion from the previous close of N29,158trillion. An aggregate of 27.565Billion units of shares were traded in  4,586 deals valued at N194.356Billion.

Market Breadth:

The market breadth closed positive as 25 equities gained while 17 equities declined in their share prices.

Percentage Gainers:

Transnational Express Plc led other gainers with 9.86% growth to close at N0.78  from the previous close of N0.71.

NPF Micro finance, UACN and Jaiz Bank Plc amongst other gainers also grew their share prices by 9.76%, 9.52% and 8.97% respectively.

Percentage Losers:

Presco Plc led other price decliners as it shed 10% off its share price to close at N162 from the previous close of N180.

UPL, FTN Cocoa, May and Baker Plc amongst other losers also shed their share prices by 8.77%, 8.57% and 7.60% respectively.

Volume Drivers:

Transcorp Plc  traded about 70.067mIllion units of its shares in 187 deals, valued at N85.102Billion.

Access Corp Plc traded about 21,249million units of its shares in 233 deals, valued at N212.351million.

Jaiz Bank Plc traded about 16.266million units of its shares in 58 deals, valued at N13.625million.

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