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Market Performance Report for June 7th, 2022

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7
Jun

June 7, 2022
by
in Daily Market Reports

The Stock Market Sustained a positive trend as the stock market All Share Index gained 0.35% at the end of today’s trading session.

Transactions on the floor of the Nigerian Exchange Limited (NGX) on Tuesday, closed on a positive note as the All Share Index appreciated by 0.35% to settle at  53.270.88 points, from the previous close of 52,908.24 points, bringing the year-to-date to 24.71%, the month-to-date to 0.59% and the week-to-date to 0.69% respectively.

Investors gained N100billion as market capitalisation appreciated by 0.35% to close at N28.719trillion from the previous close of N28.619trillion. An aggregate of 234.624Billion units of shares were traded in  4,232 deals valued at N2.745Billion.

Market Breadth:

The market breadth closed positive as 16 equities gained while 15 equities declined in their share prices.

Percentage Gainers:

GSPEC Plc led other gainers with 10% growth to close at N2.75  from the previous close of N2.50.

Jaiz Bank, Japaul Oil and Glaxosmithkline Plc amongst other gainers also grew their share prices by 7.95%, 6.67% and 5.11% respectively.

Percentage Losers:

Cutix Plc led other price decliners as it shed 6.25% off its share price to close at N2.61 from the previous close of N2.90.

Cadbury Plc amongst other losers also shed their share prices by 5.93%, 5.56% and 4.76% respectively.

Volume Drivers:

Transcorp Plc  traded about 30.433mIllion units of its shares in 117 deals, valued at N37.213Billion.

UBA Plc traded about 25.801million units of its shares in 158 deals, valued at N210.338million.

Chams Plc traded about 20.525million units of its shares in 23 deals, valued at N4,929million.


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