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Market Performance Report for June 29th, 2022.

29
Jun

Transactions on the floor of the Nigerian Exchange Limited (NGX) on Wednesday, closed on a flat note  as the All Share Index settled at 51,962.85 points same as it previously closed. This brings the year-to-date to 21.27%, the month-to-date to 0.40% and the week-to-date to 0.19% respectively.

Investors recorded no loss or gain as market capitalisation remain the same to close at N27.928trillion. An aggregate of 416,470million units of shares were traded in 4,466 deals valued at N3,458billion.

Market Breadth:

The market breadth closed positive as 17 equities gained while 14 equities declined in their share prices.

Percentage Gainers:

Ikeja Hotel Plc led other gainers with 10% growth to close at N1.21 from the previous close of N1.10.

Royal Exchange, NPF Micro finance and Fidelity Bank Plc amongst other gainers also grew their share prices by 7.29%, 7.27% and 4.88% respectively.

Percentage Losers:

UPL Plc led other price decliners as it shed 9.62% off its share price to close at N2.35 from the previous close of N2.60.

Chams, Linkage Assurance and Cutix Plc amongst other losers also shed their share prices by 8.00%, 6.90% and 6.25% respectively

Volume Drivers:

Mutual Benefit Plc  traded about 212.509mIllion units of its shares in  17 deals, valued at N53.125Million.

GTCO Plc traded about 42.152million units of its shares in 542 deals, valued at N867.540billion.

UBA Plc traded about 23.986million units of its shares in 200 deals, valued at N179.37million.

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