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Market Performance Report for July 14th, 2022.

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14
Jul

July 14, 2022
by
in Daily Market Reports

Investors lost N28billion at the end of today’s trading session on the floor of the Nigerian Exchange.

Transactions on the floor of the Exchange on Thursday, closed on a negative note as the All Share Index depreciated by 0.44% to settle at  51.339.01 points, from the previous close of 51,567.69 points, bringing the year-to-date to 20.18%, the month-to-date to -0.50% and the week-to-date to -0.42% respectively.

Investors lost N28billion as market capitalisation depreciated by 0.44% to close at N27.685trillion from the previous close of N27.713trillion. An aggregate of 115.410million units of shares were traded in 3,731 deals valued at N1.206billion.

Market Breadth:

The market breadth closed positive as 15 equities gained while 10 equities declined in their share prices.

Percentage Gainers:

Academy Plc led other gainers with 8.70% growth to close at N2.25 from the previous close of N2.07.

Regency Insurance, CWG and Cutix Plc amongst other gainers also grew their share prices by 8%, 7.95% and 7.27% respectively.

Percentage Losers:

Champion Plc led other price decliners as it shed 8.74% off its share price to close at N3.55 from the previous close of N3.89.

Ikeja Hotel, International Brewery and Multiverse Plc amongst other losers also shed their share prices by 7.69%, 5.17% and 4.76% respectively

Volume Drivers:

Transcorp Plc traded about 12.182million units of its shares in  82 deals, valued at N15,118million.

International Brewery Plc traded about 7.647million units of its shares in 110 deals, valued at N42.769million.

First Bank Plc traded about 7.408million units of its shares in 119 deals, valued at N78.782million.

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