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Transaction on the floor of the Stock Exchange commenced the week bullish as transaction on Monday March 6, 2023 close on a positive note as the  All Share Index appreciated by 0.14% to settle at 55,605.57 from the previous close of 55,529.21. This brings the year-to-date to 7.57%, the month-to-date to a negative 0.41% and the week-to-date to 1.21% respectively.

Market Capitalisation closed at N30.29trillion. An aggregate of  123,542,672 units of shares were traded in 3,967 deals valued at N2.483billion.

Market Breadth

The market breadth closed Negative as a total of 16 equities gained while 20 equities declined in their share prices. This contrast of Market ASI gaining despite more losers than gainers was as a results of gains recorded in shares of MTN Nigeria.

Percentage Gainers

Julius Berger Nigeria Plc led other gainers with 10% growth to close at 26.95, from its  previous prices of N24.50

Unity Bank , International Energy Insurance and Livestock Plc amongst other gainers also grew their share prices by 9.26%, 8.33% and 4.67% respectively.

Percentage Losers

CWG Plc led other price decliners as it shed 7.14% off its share price to close at N0.91 from the previous close of N0.98

FTN Cocoa Processor, Oando and Courtville Business Solution Plc, were amongst other losers also shed their share prices by 6.67%, 4.40%, and 4.17% respectively.

Volume Drivers

Transcorp Plc traded about 11.799million units of its shares in 98 deals, valued at N15.361million.

GTCO Plc traded about 9.396million units of its shares in 194 deals, valued at N248.301million.

UBA Plc traded about 9.191million units of its shares in 153 deals, valued at N79.044million

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