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MARKET PERFORMANCE REPORT FOR 31ST JULY, 2023

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31
Jul

July 31, 2023
by
in Daily Market Reports

Transaction on the floor of the Stock Exchange on Monday July 31, 2023 sustained a 4days losing streak and closed the last trading day in the month of July on a negative note. The  All Share Index  declined by 1.10% to settle at 64,337.52 from the previous close of 65,056.39. This brings the year-to-date to 24.56%, the month-to-date to 5.60% and the week-to-date to a negative 1.10% respectively.

Market Capitalisation closed at N35.011trillion. An aggregate of 673,424,564 units of shares were traded in 9,788 deals valued at N6.474billion.

Market Breadth

The market breadth closed negative as a total of 19 equities gained while 49 equities declined in their share prices.

Percentage Gainers
Beta Glass, Axa Mansard, Linkage Assurance and Sunu Assurance  Plc led other gainers with 10% growth each to close at  N38.50, N3.74, N0.77 and N0.66, from their previous price of  N35.00, N3.40, N0.70 and N0.60 respectively

Berger Paints, Skyway Aviation Handling Company and Cutodain Halmark Insurance Plc amongst other gainers also grew their share prices by 9.95%, 9.87% and 9.79% respectively.

Percentage Losers
Dangote Sugar Refinary, ECO Bank (ETI), NPF Micro Finance Bank, Livestock Feeds, Caverton Offshore and Sovereign Trust Insurance Plc led other price decliners as they shed 10% each off their share prices to close at N27.00, N15.70, N1.80, N1.89, N1.17 and N0.63 from their previous close of N30.00, N17.00, N2.00, N2.10, N1.30 and N0.70 respectively

Guinness Nigeria, PZ Cusson and Eterna Plc were amongst other losers also shed their share prices by 9.98%, 9.92% and 9.90% respectively.

Volume Drivers
Abbey Mortgage Bank Plc traded about 112.260million units of its shares in 94 deals, valued at N112.274million

Fidelity Bank Plc traded about 58.588million units of its shares in 452 deals, valued at N503.708million.

Union Bank of Nigeria Plc traded about 51.080million units of its shares in 30 deals, valued at N357.551million

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