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Transaction on the floor of the Stock Exchange commenced the week bullish as transaction on Monday June 13, 2023 closed on a positive note. The  All Share Index appreciated by 3.99% to settle at 58,171.45 from the previous close of 55,930.97. This brings the year-to-date to 13.21%, the month-to-date to 4.29% and the week-to-date to a 3.99% respectively.

Market Capitalisation closed at N31.675trillion. An aggregate of 1,186,493,589units of shares were traded in 10,269 deals valued at N19.225billion.

Market Breadth

The market breadth closed positive as a total of 59 equities gained while 13 equities declined in their share prices.

Percentage Gainers
Access Bank Holding , Guaranty Trust Holding , Zenith Bank, Nascon Allied and Industries and Lasaco Assurance Plc led other gainers with 10% growth each to close at N14.30,  N30.80,  N30.80,  N17.05 and N1.98 from their previous price of N13.00,  N28.00,  N28.00, N15.50 and N1.80 respectively

ECO Bank (ETI), Jaiz Bank and Unity Bank Plc amongst other gainers also grew their share prices by 9.92%, 9.77and 9.72% respectively.

Percentage Losers
John Halt and Ellah Lakes Plc led other price decliners as it shed 10% off their share prices to close at N1.26 and N3.60 from their previous close of N1.40 and N4.00 respectively

The Initiates (TIP), Caverton, and Veritas Kapital Assurance Plc were amongst other losers also shed their share prices by 9.62%, 4.62% and 4.35% respectively.

Volume Drivers
UBA Plc traded about 209.839million units of its shares in 600 deals, valued at N2.277billion

Guaranty Trust Holding Plc traded about 208.031million units of its shares in 609 deals, valued at N6.242billion.

Zenith Bank Plc traded about 85.479million units of its shares in 736 deals, valued at N2.617billion
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