Transaction on the floor of the Stock Exchange commenced the first trading day of the week and also the first day after the inauguration of a new president with a massive gain as transaction on Tuesday May 30, 2023 closed on a positive note. The All Share Index appreciated by 5.23% to settle at 55,745.74 from the previous close of 52,973.88. This brings the year-to-date to 8.81%, the month-to-date to 6.34% and the week-to-date to 5.23% respectively.
Market Capitalisation closed at N30.354 trillion. An aggregate of 1,078,230,806 units of shares were traded in 9,916 deals valued at N15.799billion.
Market Breadth
The market breadth closed positive as a total of 64 equities gained while 11 equities declined in their share prices.
Percentage Gainers
Zenith Bank, Eternal, Transcorp Hotel, Sterling Bank, Nigerian Breweries, Deap Capital, Jaiz Bank and FCMB Plc all led other gainers with 10% growth each to close at N29.70, N7.70, N8.25, N1.98, N42.35, N0.22, N1.10 and N4.62 from their previous price of N27.00, N7.00, N7.50, N1.80, N38.50, N0.20, N1.00 and N4.20 respectively
Africa Prudential, Conoil, and Glaxo Smithkline Plc amongst other gainers also grew their share prices by 9.91%, 9.91% and 9.87% respectively.
Percentage Losers
Ikeja Hotel Plc led other price decliners as it shed 10% off its share price to close at N2.16 from its previous close of N2.40
NCR Nigeria, Tantalizer and International Energy Insurance Plc were amongst other losers also shed their share prices by 9.80%, 8.00% and 6.98% respectively.
Volume Drivers
Access Bank Holding Company Plc traded about 199.621million units of its shares in 963 deals, valued at N2.446billion.
First Bank Holding Company (FBNH) Plc traded about 127.937million units of its shares in 213 deals, valued at N1.749billion
Transcorp Plc traded about 95.681million units of its shares in 525 deals, valued at N309.242million
30
May
May 30, 2023