Transaction on the floor of the Stock Exchange on Monday July 24, 2023 closed the first trading day of the week on a positive note as the All Share Index appreciated by 0.41% to settle at 65,268.28 from the previous close of 65,003.39This brings the year-to-date to 25.97%, the month-to-date to 7.01% and the week-to-date to 0.41% respectively.
Market Capitalisation closed at N35.540trillion. An aggregate of 831,498,136 units of shares were traded in 9,670 deals valued at N12.936billion.
Market Breadth
The market breadth closed negative as a total of 32 equities gained while 33 equities declined in their share prices.
Percentage Gainers
Nascon Allied Industries, Glaxo Smithkline, FTN Cocoa Processors, and Lasaco Assuramce Plc led other gainers with 10% growth each to close at N31.90, N8.25, N2.20 and N1.76from their previous price of N29.00, N7.50, N2.00 and N1.60 respectively
Stanbic IBTC Holding, Skyway Aviation Handling Company and Northern Nigeria Flour Mills Plc amongst other gainers also grew their share prices by 9.97%, 9.88% and 9.64% respectively.
Percentage Losers
Ikeja Hotels Plc led other price decliners as it shed 10% off its share price to close at N2.70 from its previous close of N3.00
Multiverse Mining And Exploration, Ellah Lakes and Abbey Mortgage Bank Plc were amongst other losers also shed their share prices by 9.97%, 9.86% and 9.82% respectively.
Volume Drivers
FBN Holding Plc traded about 346.990million units of its shares in 878 deals, valued at N7.437billion
UBA Plc traded about 62.786million units of its shares in 710 deals, valued at N925.937million.
FCMB Plc traded about 45.744million units of its shares in 301deals, valued at N311.059million