The stock market ASI recorded a gain of 0.16% at the end of today’s trading session as 12 companies gained while the equities of 19 companies depreciated in price.
Transactions on the floor of the Stock Exchange on Wednesday, closed on a positive note as the All Share Index appreciated by 0.16% to settle at 44.859.78 from the previous close of 44.788.14. This brings the year-to-date to 5.02%, the month-to-date to -8.77% and the week-to-date to 1.04% respectively.
Market Capitalisation closed at N24.434trillion. An aggregate of 93.515 units of shares were traded in 3,187 deals valued at N3.383billion.
Market Breadth
The market breadth closed negative as 12 equities gained while 19 equities declined in their share prices.
Percentage Gainers
Multiverse Plc led other gainers with 10% growth to close at N4.62 from the previous price of N4.20.
R.T Briscoe, UPL and FTN Cocoa amongst other gainers also grew their share prices by 10%, 9.15% and 7.41% respectively.
Percentage Losers
Cutix Plc led other price decliners as it shed 6.51% off its share price to close at N0.75 from the previous close of N0.83.
Jaiz Bank, Dangote Sugar and Sovereign Insurance Plc amongst other losers also shed their share prices by 6.19%, 5.83% and 3.85% respectively.
Volume Drivers
Geregu Plc traded about 12.794million units of its shares in 78 deals, valued at N1.292Billion.
Sterling Bank Plc traded about 9.485million units of its shares in 67 deals, valued at N14.276billion.
Access Bank Plc traded about 6.317million units of its shares in 213 deals, valued at N48.610million.
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October 26, 2022