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Transaction on the floor of the Stock Exchange on Tuesday August 1, 2023 sustained its 5days losing streak and closed the first trading day in the month of August on a negative note. The  All Share Index  declined by 0.23% to settle at 64,192.20 from the previous close of 64,337.52. This brings the year-to-date to 24.33%, the month-to-date to 5.37% and the week-to-date to a negative 1.33% respectively.

Market Capitalisation closed at N34.932trillion. An aggregate of 762,097,373 units of shares were traded in 7,935 deals valued at N7.710billion.

Market Breadth

The market breadth closed negative as a total of 22 equities gained while 37 equities declined in their share prices.

Percentage Gainers
Dangote Sugar Refinery and Abbey Mortgage Bank  Plc led other gainers with 10% growth each to close at  N29.70 and N1.10, from their previous price of  N27.00, and N1.00 respectively

Tantalizer, Sunu Assurance and Multivese Mining and Exploration Plc amongst other gainers also grew their share prices by 9.68%, 9.09% and 8.72% respectively.

Percentage Losers
John Holt Plc led other price decliners as it shed 10% off its share price to close at N1.80 from its previous close of N2.00

Ellah Lakes, Fidelity Bank and Japaul Gold Plc were amongst other losers also shed their share prices by 9.92%, 9.88% and 9.71% respectively.

Volume Drivers
AIICO Insurance Plc traded about 314.641million units of its shares in 82 deals, valued at N220.211million

UBA Plc traded about 54.493million units of its shares in 532 deals, valued at N742.992million.

AXA Mansard Insurance of Nigeria Plc traded about 48.838million units of its shares in 326 deals, valued at N197.999million
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