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MARKET PERFORMANCE REPORT FOR 7TH SEPTEMBER, 2022

7
Sep

The Stock market ASI recorded a slight loss of 0.02% at the end of today’s trading session as the share price of sixteen companies recorded gains while fifteen companies depreciated in price.

Transactions on the floor of the Stock Exchange on Wednesday, closed on a negative as the All Share Index depreciated by 0.02% to settle at  49.635.76 points from the previous close of 49.644.92 points, bringing the year-to-date to 16.20%, the month-to-date to -0.33% and the week-to-date to -0.82% respectively.

Investors lost N25billion as market capitalisation depreciated by 0.02% to close at N26.753trillion from the previous close of N26.778trillion. An aggregate of 128.941 units of shares were traded in 3,426 deals valued at N1.668billion.

Market Breadth

The market breadth closed flat as 16 equities gained and 16 equities declined in their share prices.

Percentage Gainers

PZ Plc led other gainers with 9.76% growth to close at N9 from the previous close of N8.20.
NPF Micro finance, UACN and ABC Transport Plc amongst other gainers also grew their share prices by 4.58%, 3.64% and 3.57% respectively.

Percentage Losers

CHAMS Plc led other price decliners as it shed 10% off its share price to close at N0.27 from the previous close of N.30.
FCMB, MCnichols and FTN Cocoa Plc amongst other losers also shed their share prices by 8.02%, 7.46% and 6.67% respectively.

Volume Drivers

Sterling Bank Plc traded about 26.851million units of its shares in 350 deals, valued at N39.610million.

Zenith Bank Plc traded about 10.187million units of its shares in 369 deals, valued at N205.204million.

GTCO Plc traded about 9.304million units of its shares in 340 deals, valued at N184.481million.

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