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Transaction on the floor of the Stock Exchange commenced the first trading day in the month of May in Red as transaction Tuesday, May 2, 2023 closed on a positive note. The  All Share Index declined by 0.20% to settle at 52,229.24 from the previous close of 52,403.51. This brings the year-to-date to 2.27%, the month-to-date to a negative 0.20% and the week-to-date to a negaive 0.20% respectively.

Market Capitalisation closed at N28.477trillion. An aggregate of  550,293,697 units of shares were traded in 6,250 deals valued at N5.150billion.

Market Breadth

The market breadth closed Positive as a total of 30 equities gained while 23 equities declined in their share prices.

Percentage Gainers
Union Bank of Nigeria and Conoil Plc led other gainers with 10% growth each to close at  N7.70 and N44.00 from their previous price of N7.00 and N40.00 respectively

Multiverse Minning and Exploration, NAHCO and Nigerian Breweries Plc amongst other gainers also grew their share prices by 9.71%, 9.62% and 9.38% respectively.

Percentage Losers
Geregu Power Plc led other price decliners as it shed 10% off its share price to close at N290.70 from its previous close of N320.00

Transcorp, Africa Prudential and International Breweries Plc were amongst other losers also shed their share prices by 9.96%, 9.40% and 8.51% respectively.

Volume Drivers
Access Bank Holding Plc traded about 150.071million units of its shares in 1,332 deals, valued at N1.570billion.

Transcorp Plc traded about 134.253million units of its shares in 125 deals, valued at N417.481million

Axa Mansard Insurance Plc traded about 41.863million units of its shares in 155 deals, valued at N100.896million

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