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Transactions on the floor of the Stock Exchange commenced the week on a positive note as trading on Monday February 20, 2023 closed positive  as the  All Share Index appreciated by 0.80% to settle at 54,224.35 from the previous close of 53,804.46. This brings the year-to-date to 5.04%, the month-to-date to 1.81% and the week-to-date to 0.80% respectively.

Market Capitalisation closed at N29.32trillion. An aggregate of  154,628,198 units of shares were traded in 3095 deals valued at N5.505billion.

Market Breadth

The market breadth closed negative as 14 equities gained while 16 equities declined in their share prices despite the market gain.

Percentage Gainers

Conoil Plc led other gainers with 9.93% growth to close at N38.75 from its previous prices of N35.25.

CWG, John Holt and Living Trust Mortgage Bank Plc amongst other gainers also grew their share prices by 9.88%, 9.77% and 9.57% respectively.

Percentage Losers

Capital Hotel Plc led other price decliners as it shed 9.42% off its share price to close at N2.50 from the previous close of N2.76

Vitafoam, Chams Holding Company and NAHCO Plc, were amongst other losers also shed their share prices by 7.18%, 6.90%, and 3.57% respectively.

Volume Drivers

GTCO Plc traded about 36.668million units of its shares in 249 deals, valued at N923.289million.

Zenith Bank Plc traded about 30.271million units of its shares in 315 deals, valued at N758.111million.

AIICO Plc traded about 8.266million units of its shares in 31 deals, valued at N4.959million

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