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Transaction on the floor of the Stock Exchange on Monday July 17, 2023 closed the first trading day of the week on a positive note as the  All Share Index  appreciated by 0.60% to settle at 62,943.35 from the previous close of 62,569.73 This brings the year-to-date to 22.31%, the month-to-date to 3.35% and the week-to-date to 0.60% respectively.

Market Capitalisation closed at N34.273trillion. An aggregate of 710,018,266 units of shares were traded in 8,979 deals valued at N13.829billion.

Market Breadth

The market breadth closed Positive as a total of 42 equities gained while 28 equities declined in their share prices.

Percentage Gainers
Unilever Nigeria, Fidelity Bank and Daar Communications Plc led other gainers with 10% growth each to close at N15.95, N7.37 and N0.33 from their previous price of  N14.50, N6.70 and N0.30

Sterling Bank Holding, John Holt, and Golden Guinea Breweries Plc amongst other gainers also grew their share prices by 9.97%, 9.94% and 9.89% respectively.

Percentage Losers
SFS Reit, PZ Cusson, Union Bank of Nigeria and Veritas Kapita Assurance Plc led other price decliners as they shed 10% each off their share prices to close at N69.30, N16.20, N6.30 and N0.27 from their previous close of N77.00, N18.00, N7.00, and N0.30

FTN Cocoa Processors, Eterna and Abbey Mortgage Bank Plc were amongst other losers also shed their share prices by 9.93%, 9.89% and 9.86% respectively.

Volume Drivers
Sterling Bank Holding Plc traded about 65.948million units of its shares in 345 deals, valued at N216.572million

Transcorp Plc traded about 62.201million units of its shares in 425 deals, valued at N225.595million.

Unity Bank Plc traded about 59.666million units of its shares in 171 deals, valued at N79.965million

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