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MARKET PERFORMANCE REPORT FOR 19TH SEPTEMBER, 2023

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19
Sep

September 19, 2023
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in Daily Market Reports

Transaction on the floor of the Stock Exchange on Tuesday, September 19, 2023, closed sustained its bullish run for the second day running as the market closed a positive note. The  All Share Index appreciated by 0.71% to settle at 68,259.22 from the previous close of 67,877.17. This brings the year-to-date to 31.84%, the month-to-date to 2.78% and the week-to-date to 1.42% respectively.

Market Capitalisation closed at N37.413Trillion. An aggregate of 676,736,144units of shares were traded in 87,658 deals valued at N5.894billion.

Market Breadth

The market breadth closed positive  as a total of 35 equities gained while 27 equities declined in their share prices.

Percentage Gainers

Ellah Lakes Plc led other gainers with 10% growth to close at  N3.63 from its previous price of N3.30

Berger Paints, E-Transact International, Chams Holding and Oando Plc amongst other gainers also grew their share prices by 9.95%, 9.93%, 9.92 and 9.92% respectively.

Percentage Losers

Secure Electronics Technology and Scoa Nigeria Plc led other price decliners as they shed 10% each off their share prices to close at N0.27 and 1.26 from their previous close of N0.30 and N1.40 repectively

Mulitiverst Mining  and Exploration, Cornerstone Insurance, and Daar Communications Plc amongst other losers also shed their share prices by 9.93, 8.76% and 8.70% respectively.

Volume Drivers

Universal Insurance Plc traded about 235.152million units of its shares in 115 deals, valued at N48.167billion

UBA Plc traded about 69.102million units of its shares in 747 deals, valued at N1.224billion.

Transcorp Plc traded about 41.572million units of its shares in 455 deals, valued at N274.177million

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