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MARKET PERFORMANCE REPORT FOR 14TH JUNE, 2023

14
Jun

Transaction on the floor of the Stock Exchange sustained its bullish run as transaction on Tuesday June 14, 2023 closed on a positive note. The  All Share Index appreciated by 3.13% to settle at 59,985.10 from the previous close of 58,171.45. This brings the year-to-date to 16.34%, the month-to-date to 7.42% and the week-to-date to a 7.12% respectively.

Market Capitalisation closed at N32.660trillion. An aggregate of 1,296,655,522 units of shares were traded in 11,845 deals valued at N21.080billion.

Market Breadth

The market breadth closed positive as a total of 70 equities gained while 13 equities declined in their share prices.

Percentage Gainers
Sterling Bank Holding, Dangote Sugar Refinery , Transcorp Hotel, International Breweries, First Bank Holding, MTN Nigeria and Seplat Energy Plc led other gainers with 10% growth each to close at N2.75,  N25.30,  N12.10,  N5.50, N15.95, N284.90 and N1,320.00 from their previous price of N2.50,  N23.00,  N11.00, N5.00, N14.50, N259.00 and N1200.00 respectively

Total Energies, Nascon Allied and Industries and Stanbic IBTC Holding Plc amongst other gainers also grew their share prices by 9.99%, 9.97and 9.96% respectively.

Percentage Losers
Pharma-Deko Plc led other price decliners as it shed 9.65% off its share prices to close at N2.06 from its previous close of N2.28

Computer Warehouse Group (CWG), Northern Nigeria Flour Mills (NNFM), and Bua Cement Plc were amongst other losers also shed their share prices by 9.44%, 8.66% and 6.52% respectively.

Volume Drivers
UBA Plc traded about 230.764million units of its shares in 638 deals, valued at N2.744billion

Guaranty Trust Holding Plc traded about 125.470million units of its shares in 930 deals, valued at N4.205billion.

Zenith Bank Plc traded about 119.143million units of its shares in 859 deals, valued at N3.972billion

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