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Transaction on the floor of the Stock Exchange for the first trading day of the week was bullish as transaction on Monday May 22, 2023 closed on a positive note. The  All Share Index appreciated by 0.35% to settle at 52,369.13 from the previous close of 52,187.93. This brings the year-to-date to 2.43%, the month-to-date to negative 0.04% and the week-to-date to 0.35% respectively.

Market Capitalisation closed at N28.515trillion. An aggregate of  315,675,026 units of shares were traded in 5,738 deals valued at N4.033billion.

Market Breadth

The market breadth closed positive as a total of 31 equities gained while 15 equities declined in their share prices.

Percentage Gainers
Ikeja Hotel Plc led other gainers with 9.85% growth to close at  N2.23  from its previous price of N2.03.

Academy Press, Prestige Assurance and NPF Micro Finance Bank Plc amongst other gainers also grew their share prices by 9.80%, 9.76% and 9.71% respectively.

Percentage Losers
NCR Nigeria Plc led other price decliners as it shed 9.71% off its share price to close at N2.79 from its previous close of N3.09

Sovereign Trust Insurance, Neimeth Phamaceutical and Ardova Plc were amongst other losers also shed their share prices by 8.89%, 7.33% and 6.95% respectively.

Volume Drivers
Zenith Bank Plc traded about 54.343million units of its shares in 544 deals, valued at N1.381billion.

Access Bank Holding Plc traded about 43.034million units of its shares in 445 deals, valued at N486.299million

UBA Plc traded about 31.111million units of its shares in 360 deals, valued at N261.962million

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