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Transaction on the floor of the Stock Exchange sustained its bullish runs as transaction on  Tuesday May 16, 2023 closed on a positive note. The  All Share Index appreciated by 0.36% to settle at 52,419.33 from the previous close of 52,231.29. This brings the year-to-date to 2.52%, the month-to-date to 0.05% and the week-to-date to 0.39% respectively.

Market Capitalisation closed at N28.542trillion. An aggregate of  576,851,400 units of shares were traded in 6,143 deals valued at N6.790billion.

Market Breadth

The market breadth closed Positive as a total of 26 equities gained while 19 equities declined in their share prices.

Percentage Gainers
Nigerian Breweries Plc led other gainers with 9.97% growth to close at  N35.30 from its previous price of N32.10

FTN Cocoa Processor, Sovereign Trust Insurance and Cornerstone Insurance Plc amongst other gainers also grew their share prices by 9.68%, 9.52% and 8.82% respectively.

Percentage Losers
Computer Warehouse Group (CWG) Plc led other price decliners as it shed 9.63% off its share price to close at N1.69 from its previous close of N1.87

Courtville, Ardova and Glaxo Smithkline Plc were amongst other losers also shed their share prices by 6.52%, 6.06% and 4.41% respectively.

Volume Drivers
UBA Plc traded about 94.308million units of its shares in 373 deals, valued at N795.905million.

Transcorp Plc traded about 86.421million units of its shares in 621 deals, valued at N261.680million

Access Bank Holding Corporation Plc traded about 62.245million units of its shares in 423 deals, valued at N635.674million

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