+234 (1) 453 9639 | 0802 701 2454 | customerservice@globalviewng.com
Open an Account GTrade Login Technical Support

MARKET PERFORMANCE REPORT FOR 16TH MAY, 2023

Home   /   Daily Market Reports   /   MARKET PERFORMANCE REPORT FOR 16TH MAY, 2023
16
May

May 16, 2023
by
in Daily Market Reports

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

fake richard mille
There are not many functions of richard mille replica, except for the basic time display, there is only a very powerful tourbillon function. Its time display function has only two hands, hour and minute hands. Although it cannot display the time accurately to the second, it has a good effect on the overall style of the watch. The diameter of the tourbillon is 10.90 mm, and its position is just in the mouth of the skull. It can be said that the position is very classic. When the watch is working, the tourbillon is spinning fast in the skull's mouth, faintly visible through the gaps of the cage-shaped teeth made of rose gold, giving people not only a mechanical beauty but also an indescribable feeling. It can be said that it is a kind of awe of death, or it is a shock of immortal imagery. In short, let go of your thinking, on this fast-moving tourbillon, your thoughts have no end. This watch also uses a back-through design. The movement of the movement and the operation of the tourbillon can also be seen through the back of the watch. This watch is also known as a fine product in terms of machinery.
The latest and best quality materials in today's watch field are used in conjunction with precious metals to make it surrounded by a luxurious and noble aura when it is born. The detailed processing of each screw and each plane is a manifestation of its high quality. It perfectly combines the unconventional skull design with the tourbillon technology that Richard Mille is famous for. It gives people visual enjoyment and brings us thinking about the ultimate problem of life, which is evocative. endless. Coupled with a movement that has applied many advanced technologies to show the beauty of machinery in front of people, its performance is beyond doubt!