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Transaction on the floor of the Stock Exchange on Wednesday, May 10, 2023 closed on a negative note. The  All Share Index declined by 0.75% to settle at 52,209.06 from the previous close of 52,605.78. This brings the year-to-date to 2.12%, the month-to-date to a negative 0.35% and the week-to-date to a negative 0.48% respectively.

Market Capitalisation closed at N28.428trillion. An aggregate of  554,312,101 units of shares were traded in 5,168 deals valued at N5.958billion.

Market Breadth

The market breadth closed Positive as a total of 32 equities gained while 20 equities declined in their share prices, the ASI declined as a result of 8.02% loss in the shares of BUA Cement.

Percentage Gainers
ArdovaPlc led other gainers with 10% growth to close at  N22.00 from its previous price of N20.00

NCR, Transcorp and Japaul Gold Plc amongst other gainers also grew their share prices by 9.91%, 9.69% and 9.68% respectively.

Percentage Losers
Caverton Offshore Plc led other price decliners as it shed 9.48% off its share price to close at N1.05from its previous close of N1.16

Sunu Assurance, BUA Cement and Academy Press Plc were amongst other losers also shed their share prices by 9.26%, 8.02% and 7.88% respectively.

Volume Drivers
Access Bank Holding Plc traded about 139.287million units of its shares in 640 deals, valued at N1.465billion.

FBNH Plc traded about 100.752million units of its shares in 130 deals, valued at N1.207billion

FCMB Plc traded about 80.176million units of its shares in 147 deals, valued at N326.461million

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