Transaction on the floor of the Stock Exchange sustained the fourth consecutive day of loses as transactions on Thursday, March 16, 2023 closed on a negative note. The All Share Index depreciated by 1.04% to settle at 54,915.61 from the previous close of 55,490.20. This brings the year-to-date to 6.31%, the month-to-date to a negative 1.67% and the week-to-date to a negative 1.59% respectively.
Market Capitalisation closed at N29.92trillion. An aggregate of 137,286,570 units of shares were traded in 3,489deals valued at N1.509billion.
Market Breadth
The market breadth closed Negative as a total of 8 equities gained while 25 equities declined in their share prices.
Percentage Gainers
Chams Holding Company Plc led other gainers with 8.70% growth to close at N0.25, from its previous price of N0.23
University Press, Living Trust Mortgage Bank and Sterling Bank Plc amongst other gainers also grew their share prices by 7.57%, 3.37% and 2.67% respectively.
Percentage Losers
ETI Plc led other price decliners as it shed 10% off their share price to close at N10.80 from its previous close of N12.00
Industrial and Medical Gases Nigeria (IMG), Royal Exchange, and RT Briscoe Plc were amongst other losers also shed their share prices by 9.32%, 8.22% and 7.69% respectively.
Volume Drivers
Transcorp Plc traded about 26.084million units of its shares in 113 deals, valued at N33.978million.
Zenith Bank Plc traded about 14.721million units of its shares in 408 deals, valued at N353.890million
Sterling Bank Plc traded about 13.230million units of its shares in 50 deals, valued at N20.018million
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March 16, 2023