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Transaction on the floor of the Stock Exchange on Tuesday July 11, 2023 sustained its bullish runs as the market closed on a positive note. The  All Share Index  appreciated by 1.65% to settle at 65,669.29 from the previous close of 64,603.69. This brings the year-to-date to 26.50%, the month-to-date to .54% and the week-to-date to 4.13% respectively.

Market Capitalisation closed at N35.757trillion. An aggregate of 844,715,909 units of shares were traded in 8,922 deals valued at N9.413billion.

Market Breadth

The market breadth closed positive as a total of 40 equities gained while 33 equities declined in their share prices.

Percentage Gainers
Transcorp Hotels, FTN Cocoa Processor, Chellaram, Omatek Vetures and Sovereign Trust Insurance Plc led other gainers with 10% growth each to close at N39.50, N3.85, N1.76, N0.66 and N0.55 from their previous price of  N35.91, N3.50, N1.60, N0.60 and N0.50 respectively

Eterna, Unity Bank  and Computer Warehouse Group (CWG) Plc amongst other gainers also grew their share prices by 9.94%, 9.88% and 9.87% respectively.

Percentage Losers
Consolidated Halmark Insurance (CHI) Plc led other price decliners as it shed 10% off their share prices to close at N1.17 from its previous close of N1.30

Champion Breweries, MC Nichols and PZ Cusson Plc were amongst other losers also shed their share prices by 9.89%, 9.33% and 9.32% respectively.

Volume Drivers
Chams Holding Plc traded about 91.710million units of its shares in 412 deals, valued at N117.147million

FCMB Plc traded about 76.809million units of its shares in 332 deals, valued at N538.809million.

Universal Insurance Plc traded about 73.378million units of its shares in 127 deals, valued at N22.448million

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