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MARKET PERFORMANCE REPORT FOR 8TH MAY, 2023

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8
May

May 8, 2023
by
in Daily Market Reports

Transaction on the floor of the Stock Exchange commenced the first trading day of the week in green as transaction on Monday, May 8, 2023 closed on a Positive note. The  All Share Index appreciated by 0.22% to settle at 52,579.52 from the previous close of 52,466.52. This brings the year-to-date to 2.82%, the month-to-date to 0.35% and the week-to-date to 0.22% respectively.

Market Capitalisation closed at N28.630trillion. An aggregate of  511,384,065 units of shares were traded in 5,883 deals valued at N7.139billion.

Market Breadth

The market breadth closed Positive as a total of 29 equities gained while 17 equities declined in their share prices.

Percentage Gainers
Multiverse Minning Plc led other gainers with 10% growth to close at  N3.41 from its previous price of N3.10

Red Star Express, CWG and MC Nichols Plc amongst other gainers also grew their share prices by 9.96%, 9.85% and 9.23% respectively.

Percentage Losers
C & I Leasing Plc led other price decliners as it shed 9.80% off its share price to close at N3.59 from its previous close of N3.98

Transcorp, FTN Cocoa Processors, and Chams Holding Company Plc were amongst other losers also shed their share prices by 7.73%, 6.90% and 6.45% respectively.

Volume Drivers
Access Bank Holding Plc traded about 167.614million units of its shares in 830 deals, valued at N1.916billion.

FBNH Plc traded about 91.294million units of its shares in 136 deals, valued at N1.092billion

UBA Plc traded about 78.061million units of its shares in 515 deals, valued at N623.441million

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