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Transaction on the floor of the Stock Exchange on Wednesday, March 8, 2023 close on a positive note as the  All Share Index Appreciated by 0.34% to settle at 55,795.75 from the previous close of 55,603.94. This brings the year-to-date to 7.91%, the month-to-date to a negative 0.07% and the week-to-date to 1.55% respectively.

Market Capitalisation closed at N30.40trillion. An aggregate of  152,744,225 units of shares were traded in 3,199 deals valued at N3.572billion.

Market Breadth

The market breadth closed Negative as a total of 18 equities gained while 20 equities declined in their share prices. The gains in the prices of MTN Nigeria pushed the marke to the green

Percentage Gainers

Trans-Nationwide Express (TRANSEXPR) Plc led other gainers with 9.88% growth to close at N0.89, from its  previous price of N0.81

Cutix, FTN Cocoa Processors and Sovereign Trust Insurance Plc amongst other gainers also grew their share prices by 8.5%, 7.69% and 7.14% respectively.

Percentage Losers

MRS Oil Nigeria Plc led other price decliners as it shed 9.98% off its share price to close at N27.95 from the previous close of N31.05

Associated Bus Company (ABC TRANS), Chams Holding Company and Exploration and Ardova, were amongst other losers also shed their share prices by 7.89%, 7.41%, and 6.20% respectively.

Volume Drivers

Courtville Business Solution Plc traded about 34.604million units of its shares in 11 deals, valued at N16.609million.

UBA Plc traded about 15.001million units of its shares in 162 deals, valued at N127.310million.

GTCO Plc traded about 12.7491million units of its shares in 227 deals, valued at N3335.933million

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