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Transaction on the floor of the Stock Exchange sustained its bearish trend for the third day consecutive in the week as transaction on Wednesday, April 5, 2023 closed on a negative note, The  All Share Index declined by 1.88% to settle at 53,018.97 from the previous close of 54,082.96 . This brings the year-to-date to 3.65%, the month-to-date to a negative 2.29% and the week-to-date to a negative 2.29% respectively.

Market Capitalisation closed at N28.882rillion. An aggregate of  197,330,713 units of shares were traded in 3,506 deals valued at N2.674billion.

Market Breadth

The market breadth closed Negative as a total of 11 equities gained while 14 equities declined in their share prices.

Percentage Gainers

Coronation Insurance (Wapic) Plc and led other gainers with 7.50% growth to close at  N0.43 from its previous price of N0.40

Mutual Benefit. CWG and Eterna Plc amongst other gainers also grew their share prices by 6.25%, 5.25% and 4.40% respectively.

Percentage Losers
Airtel Africa Plc led other price decliners as it shed 10% off its share price to close at N1,331.10 from its previous close of N1,479.

Ikeja Hotel,Multiverse Minning and Exploration and Royal Exchange Plc were amongst other losers also shed their share prices by 9.85%,9.59% and 9.33% respectively.

Volume Drivers
UBA Plc traded about 64.202million units of its shares in 217 deals, valued at N536.659million.

Transcorp Plc traded about 32.020million units of its shares in 148
deals, valued at N44.300million

Zenith Bank Plc traded about 15.857million units of its shares in 347 deals, valued at N402.642million

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