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MARKET PERFORMANCE REPORT FOR 7TH AUGUST, 2023

7
Aug

Transaction on the floor of the Stock Exchange on Monday August 7, 2023 closed the first trading of the week on a positive note. The  All Share Index  appreciated by 0.21 % to settle at 65,336.80 from the previous close of 65,198.08. This brings the year-to-date to 26.11%, the month-to-date 1.55% and the week-to-date to 0.21% respectively.

Market Capitalisation closed at N35.555trillion. An aggregate of 334,332,923 units of shares were traded in 6,839 deals valued at N3.892billion.

Market Breadth

The market breadth closed equal as a total of 25 equities gained while 25 equities declined in their share prices.

Percentage Gainers
Nigerian Enamelware Plc led other gainers with 9.86% growth to close at  N19.50 from their previous price of  N17.75

Wema Bank, University Press and Sunu Assurances Nigeria Plc amongst other gainers also grew their share prices by 9.77%, 9.73% and 9.68% respectively.

Percentage Losers
Omatek Ventures Plc led other price decliners as it shed 8.82% off its share price to close at N0.31 from its previous close of N0.34
 
Prestige Assurance, MC Nichols and Cornerstone Insurance Plc were amongst other losers also shed their share prices by 7.84%, 7.35% and 7.22% respectively.

Volume Drivers
Sterling Financial Holding Company (Sterling Bank) Plc traded about 55.141million units of its shares in 140 deals, valued at N197.266million

FCMB Group Plc traded about 28.249million units of its shares in 165 deals, valued at N173.844million.

Fidelity Bank Plc traded about 18.842million units of its shares in 202 deals, valued at N150.847million

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