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MARKET PERFORMANCE REPORT FOR 25TH MAY, 2023

25
May

Transaction on the floor of the Stock Exchange recorded its first decline of the week, as transactions on Thursday May 25, 2023 closed on a positive note. The  All Share Index declined by 0.20% to settle at 52,821.64 from the previous close of 52,927.60. This brings the year-to-date to 3.29%, the month-to-date to 0.82% and the week-to-date to 1.21% respectively.

Market Capitalisation closed at N28.762 trillion. An aggregate of 377,136,295 units of shares were traded in 5,879 deals valued at N9.178billion.

Market Breadth

The market breadth closed negative as a total of 22 equities gained while 23 equities declined in their share prices.

Percentage Gainers
FTN Cocoa Processor Plc led other gainers with 8.77% growth to close at  N0.62  from its previous price of N10.57

Tantalizer, Coronation Insurance (Wapic) and Total Energies Plc amongst other gainers also grew their share prices by 8.33%, 7.14% and 6.87% respectively.

Percentage Losers
Conoil Plc led other price decliners as it shed 9.92% off its share price to close at N43.60 from its previous close of N48.40

Unilever Nigeria, Eternal and PZ Cussons Nigeria Plc were amongst other losers also shed their share prices by 8.28%, 6.21% and 6.11% respectively.

Volume Drivers
UBA Plc traded about 86.170million units of its shares in 443 deals, valued at N745.865million.

Access Bank Holding Company Plc traded about 67.393million units of its shares in 627 deals, valued at N737192million

Zenith Bank Plc traded about 39.403million units of its shares in 460 deals, valued at N1.052billion

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