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Transaction on the floor of the Stock Exchange on Friday May 26, 2023 closed on a positive note as the  All Share Index appreciated by 0.29% to settle at 52,973.88 from the previous close of 52,821.64. This brings the year-to-date to 3.58%, the month-to-date to 1.11% and the week-to-date to 1.50% respectively.

Market Capitalisation closed at N28.845 trillion. An aggregate of 446,939,266 units of shares were traded in 6,341 deals valued at N7.063billion.

Market Breadth

The market breadth closed positive as a total of 42 equities gained while 11 equities declined in their share prices.

Percentage Gainers
Nascon Allied Industries Plc led other gainers with 10% growth to close at  N15.40  from its previous price of N14.00

Conoil, Nem Insurance and FTN Cocoa Plc amongst other gainers also grew their share prices by 9.98%, 9.95% and 9.68% respectively.

Percentage Losers
Sovereign Trust Insurance Plc led other price decliners as it shed 7.69% off its share price to close at N0.36 from its previous close of N0.39

Mutual Benefit, NGX Group and Royal Exchange Plc were amongst other losers also shed their share prices by 5.56%, 4.04% and 4.00% respectively.

Volume Drivers
UBA Plc traded about 59.406million units of its shares in 591 deals, valued at N592.101million.

Access Bank Holding Company Plc traded about 51.492million units of its shares in 602 deals, valued at N581.169million

Zenith Bank Plc traded about 50.013million units of its shares in 538 deals, valued at N1.341billion

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