Transactions on the floor of the Stock Exchange on Monday, February 27, 2023 sustained its bullish run as the market closed on a positive note. The All Share Index appreciated by 0.70% to settle at 55,328.42 from the previous close of 54,949.21. This brings the year-to-date to 7.06%, the month-to-date to 3.83% and the week-to-date to 2.83% respectively.
Market Capitalisation closed at N30.16trillion. An aggregate of 149,769,532 units of shares were traded in 3,094 deals valued at N1.542billion.
Market Breadth
The market breadth closed positive as 28 equities gained while 9 equities declined in their share prices.
Percentage Gainers
Stanbic IBTC Holding, C&I Leasing and OANDO Plc led other gainers with 10% growth each to close at N37.95, N3.63 and N4.40 from their previous prices of N34.5, N3.30 and N4.00 respectively
Conoil, MRS Oil Nigeria and The Initiate Plc amongst other gainers also grew their share prices by 9.98%, 9.66% and 9.09% respectively.
Percentage Losers
FTN Cocoa Processor Plc led other price decliners as it shed 6.90% off its share price to close at N0.27 from the previous close of N0.29
UPDC, Japaul Gold and Transcorp Plc, were amongst other losers also shed their share prices by 4.00%, 6.45%, and 3.08% respectively.
Volume Drivers
OANDO Plc traded about 14.287million units of its shares in 160 deals, valued at N62.640million.
Transcorp Plc traded about 11.716million units of its shares in 94 deals, valued at N14.734million.
Fidelity BankPlc traded about 10.733million units of its shares in 106 deals, valued at N153.748million
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February 27, 2023