22
Jul
July 22, 2022
Investors lost N76billion at the end of today’s trading session on the floor of Nigerian Exchange Limited as Nineteen (19) stocks gained while eighteen stocks depreciated in price. Transactions on the floor of the Stock Exchange Limited on Friday, closed on a negative note as the All Share Index depreciated by 0.27% to settle at 51.979.92 points from the previous close of 52.122 points, bringing the year-to-date to 21.69%, the month-to-date to 0.42% and the week-to-date to -0.42% respectively. Investors lost N76billion as market capitalisation depreciated by 0.27% to close at N28,031trillion from the previous close of N28.107trillion. An aggregate of 205.055million units of shares were traded in 3,058 deals valued at N3.058billion. Market Breadth The market breadth closed negative as 9 equities gained while 18 equities declined in their share prices. Percentage Gainers International Brewery Plc led other gainers with 9.09% growth to close at N5.40 from the previous close of N4.95. Linkage Assurance, Nem Insurance and Redstar Express Plc amongst other gainers also grew their share prices by 7.41%, 7.26% and 5.69% respectively. Percentage Losers May and Baker Plc led other price decliners as it shed 10% off its share price to close at N3.60 from the previous close of N4.00. RT Briscoe, WAPCO and FTN Cocoa Plc amongst other losers also shed their share prices by 9.09%, 7.31% and 6.25% respectively Volume Drivers GTCO Plc traded about 63.742million units of its shares in 186 deals, valued at N465.387million. GTCO Plc traded about 14.238million units of its shares in 267 deals, valued at N36.394billion. UACN Plc traded about 18.359million units of its shares in 70 deals, valued at N605.847million. |