The NGX Stock Market witnessed a bull run as the All share Index gained 0.71% at the end of today’s trading session. The equity price of 21 companies gained while that of 9 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 0.70% to settle at 47,660.04 from the previous close of 47,332.97. This brings the year-to-date to 11.57%, the month-to-date to 8.83% and the week-to-date to 6.90% respectively.
Market Capitalisation closed at N25.959trillion. An aggregate of 107.020units of shares were traded in 3,227 deals valued at N1.319billion.
Market Breadth
The market breadth closed positive as 21 equities gained while 9 equities declined in their share prices.
Percentage Gainers
Wema Bank led other gainers with 9.09% growth to close at N3.30 from the previous price of N3.00.
UACN, Academy and UCap Plc amongst other gainers also grew their share prices by 9.95%, 9.45% and 8.10% respectively.
Percentage Losers
Royal Exchange led other price decliners as it shed 10% off it share price to close at N0.63 from the previous close of N0.70.
Red Star, Prestige Insurance, NB Plc amongst other losers also shed their share prices by 9.25%, 8.51% and 7.08% respectively.
Volume Drivers
First Bank traded about 12.529million units of its shares in 153 deals, valued at N139.637million.
Fidelity Bank traded about 10.252million units of its shares in 97 deals, valued at N42.197billion.
Zenith Bank traded about 8.040million units of its shares in 247 deals, valued at N174.545million.
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November 30, 2022