+234 (1) 453 9639 | 0802 701 2454 | customerservice@globalviewng.com

MARKET PERFORMANCE REPORT FOR 31ST MAY, 2023

31
May

Transaction on the floor of the Stock Exchange for the last trading day in the month of May was Bullish as transaction on Wednesday May 31, 2023 closed on a positive note. The  All Share Index appreciated by 0.06% to settle at 55,769.28 from the previous close of 55,745.74. This brings the year-to-date to 8.87%, the month-to-date to 6.40% and the week-to-date to 5.29% respectively.

Market Capitalisation closed at N30.372trillion. An aggregate of 661,508,907 units of shares were traded in 9,923 deals valued at N18.998billion.

Market Breadth

The market breadth closed negative as a total of 29 equities gained while 38 equities declined in their share prices. Gains in some high cap stocks like MTNN, Geregu etc pushed the ASI to 0.06% gain

Percentage Gainers
Jaiz Bank, MC Nichols and Veritas Kapital Insurance Plc led other gainers with 10% growth each to close at  N1.21, N0.77 and N0.22  from their previous price of N1.10, N0.70 and N0.20 respectively

Conoil, MRS Oil Nigeria and Neithmeth Phamarceutical Plc amongst other gainers also grew their share prices by 9.96%, 9.93% and 9.87% respectively.

Percentage Losers
Nascon Allied Industries Plc led other price decliners as it shed 9.79% off its share price to close at N15.20 from its previous close of N16.85

RT Briscoe, Glaxo Smithkline and Caveron Plc were amongst other losers also shed their share prices by 9.76%, 9.58% and 9.35% respectively.

Volume Drivers
Access Bank Holding Company Plc traded about 94.689million units of its shares in 766 deals, valued at N1.145billion.

UBA Plc traded about 88.617million units of its shares in 882 deals, valued at N875.932million

Zenith Bank Plc traded about 42.535million units of its shares in 763 deals, valued at N1.205billion
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!