The stock market ended the session with a bullish trend as the market rebounded with a gain of N37billion on Friday to wrapp up the week on a bullish note.
Transactions on the floor of the Stock Exchange on Friday, closed on a positive note as the All Share Index appreciated by 0.12% to settle at 49.024.16 from the previous close of 48.964.83. This brings the year-to-date to 14.77%, the month-to-date to -1.24% and the week-to-date to 0.98% respectively.
Investors gained N37billion as Market Capitalisation appreciated by 0.12% to close at N26.463trillion from the previous close of N26.426. An aggregate of 356.732 units of shares were traded in 3,219 deals valued at N3.738Million.
Market Breadth
The market breadth closed negative as 12 equities gained while 14 equities declined in their share prices.
Percentage Gainers
R.T Briscoe Plc led other gainers with 9.68% growth to close at N0.34 from the previous close of N0.31.
May Baker, Guinness and Jaiz bank Plc amongst other gainers also grew their share prices by 9.63%, 9.29% and 8.43% respectively.
Percentage Losers
Ikeja Hotel Plc led other price decliners as it shed 9.68% off its share price to close at N1.12 from the previous close of N1.24.
Sovereign Insurance, NAHCO and UPDC Reit Plc amongst other losers also shed their share prices by 6.90%, 3.51% and 3.13% respectively.
Volume Drivers
GTCO Plc traded about 135.622million units of its shares in 731 deals, valued at N2.407billion.
Jaiz Bank Plc traded about 109.410million units of its shares in 92 deals, valued at N97.208million.
Zenith bank Plc traded about 21.519million units of its shares in 283 deals, valued at N430.455million.
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September 30, 2022