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Transaction on the floor of the Stock Exchange on Monday July 10, 2023 sustained its bullish runs as the market closed the first trading day of the week on a positive note. The  All Share Index  appreciated by 2.48% to settle at 64,603.69 from the previous close of 63,040.87. This brings the year-to-date to 24.85%, the month-to-date to 5.89% and the week-to-date to 2.48% respectively.

Market Capitalisation closed at N35.177trillion. An aggregate of 1,839,046,861 units of shares were traded in 14,584 deals valued at N22.033billion.

Market Breadth

The market breadth closed positive as a total of 71 equities gained while 18 equities declined in their share prices.

Percentage Gainers
Dangote Cement, MRS Oil Nigeria, Neimeth Pharmaceutical, Jaiz Bank and Daar Commuinications Plc led other gainers with 10% growth each to close at N330.10, N109.45, N2.20, N1.98 and N0.22 from their previous price of  N300.10, N99.50, N2.00, N1.98 and N0.20 respectively

Transcorp Hotels, Conoil  and Golden Guinea Breweries  Plc amongst other gainers also grew their share prices by 9.98%, 9.97% and 9.95% respectively.

Percentage Losers
Pharma-Deko Plc led other price decliners as it shed 9.85% off their share prices to close at N1.83 from its previous close of N2.03

Union Dicon Salt, Berger Paints and Guinea Insurance Plc were amongst other losers also shed their share prices by 9.50%, 9.09% and 7.69% respectively.

Volume Drivers
First Bank Holding Plc traded about 198.221million units of its shares in 425 deals, valued at N4.417billion

Universal Insurance Plc traded about 184.655million units of its shares in 257 deals, valued at N53.465million.

Sterling Bank Plc traded about 161.679million units of its shares in 596 deals, valued at N724.322million

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