Transaction on the floor of the Stock Exchange on Tuesday, August 8, 2023 closed on a negative note. The All Share Index declined by 0.04 % to settle at 65,309.65 from the previous close of 65,336.80. This brings the year-to-date to 26.07%, the month-to-date 1.51% and the week-to-date to 0.17% respectively.
Market Capitalisation closed at N35.540trillion. An aggregate of 317,808,298 units of shares were traded in 6,839 deals valued at N4.412billion.
Market Breadth
The market breadth closed positive as a total of 29 equities gained while 24 equities declined in their share prices. The declined in the ASI was as a result of 6.37% lose in the price of Geregu Power
Percentage Gainers
Guinness Nigeria Plc led other gainers with 10% growth to close at N60.50 from their previous price of N55.00
Glaxo Smithkline Consumer Nigeria, Chelaram and The Initiate Plc amongst other gainers also grew their share prices by 9.74%, 9.73% and 9.72% respectively.
Percentage Losers
Secure Electronic Technology Plc led other price decliners as it shed 10% off its share price to close at N0.27 from its previous close of N0.30
Northern Nigeria Flour Mills (NNFM), John Holt and Tanterlizer Plc were amongst other losers also shed their share prices by 9.89%, 9.52% and 8.33% respectively.
Volume Drivers
Access Bank Holding Plc traded about 49.355million units of its shares in 373 deals, valued at N861.161million
Sterling Financial Holding Company (Sterling Bank) Plc traded about 43.823million units of its shares in 72 deals, valued at N153.937million.
Universal Insurance Plc traded about 28.864million units of its shares in 50 deals, valued at N6.897million
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August 8, 2023