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MARKET PERFORMANCE REPORT FOR 11TH MAY, 2023

11
May

Transaction on the floor of the Stock Exchange on Thursday, May 11, 2023 closed on a negative note. The  All Share Index declined by 0.09% to settle at 52,161.24 from the previous close of 52,209.06. This brings the year-to-date to 2.03%, the month-to-date to a negative 0.44% and the week-to-date to a negative 0.57% respectively.

Market Capitalisation closed at N28.402trillion. An aggregate of  477,371,882 units of shares were traded in 5,539 deals valued at N5.241billion.

Market Breadth

The market breadth closed Positive as a total of 22 equities gained while 20 equities declined in their share prices.

Percentage Gainers
Ardova Plc led other gainers with 10% growth to close at  N24.20 from its previous price of N22.00

NCR, Multiverse Mining and Exploration and MRS Oil Nigeria Plc amongst other gainers also grew their share prices by 9.87%, 9.87% and 9.84% respectively.

Percentage Losers
FCMB Plc led other price decliners as it shed 5.66% off its share price to close at N4.00from its previous close of N4.24

Access Bank Holding , Sterling Bank Holding and Neimeth Pharmaceutical Plc were amongst other losers also shed their share prices by 3.77%, 3.53% and 3.33% respectively.

Volume Drivers
Access Bank Holding Plc traded about 169.321million units of its shares in 611 deals, valued at N1.743billion.

UBA Plc traded about 102.059million units of its shares in 266 deals, valued at N819.273million

Fidelity Bank Plc traded about 30.389million units of its shares in 202 deals, valued at N179.729million

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