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Transaction on the floor of the Stock Exchange on Tuesday 9th January, 2024, sustained its bullish runs and closed on a positive note. The  All Share Index appreciated by 3.56% to settle at 83,191.84 from the previous close of 80,324.53. This brings the year-to-date to 10.89%,  month-to-date to 10.89%, and the week-to-date to 4.39% respectively.

Market Capitalisation closed at N45.524 trillion Naira. An aggregate of 1,409,851,793 units of shares was traded in 17,144 deals valued at 24,681,504,506.26 Naira

Market Breadth

The market breadth closed positive as 71 equities gained while 14 equities declined in share prices.

Percentage Gainers

Universal Insurance, Guinea Insurance, Mutual Benefit Assurance, FTN Cocoa Processors, Cadbury Nigeria, Unilever Nigeria, and FBN Holding Plc led other gainers with 10% growth each to close at N0.33, N0.44, N0.77, N2.20, N18.15, N18.15, and N28.60 from their previous prices of N0.30, N0.40, N0.70, N2.00, N16.50, N16.50 and N26.00 respectively

Wema Bank, Zenith Bank, International Breweries,  and C & I Leasing Plc amongst other gainers also grew their share prices by 9.99%, 9.99%, 9.98%, and 9.97% respectively.

Percentage Losers

Total Energies Marketing Nigeria Plc led other price decliners as it shed 10% off its share price to close at N346.50 from its previous close of N385.00

Daar Communications, R.T. Briscoe, and Sunu Assurances Nigeria Plc amongst other losers also shed their share prices by 9.40%, 8.45%, and 7.69% respectively.

Volume Drivers

Fidelity Bank Plc traded about 139.737 million units of its shares in 982 deals, valued at N1.937 billion

First City Monument Bank (FCMB) Plc traded about 128.974 million units of its shares in 573 deals, valued at 1.485 billion

United Bank for Africa (UBA) Plc traded about 117.115 million units of its shares in 1,190 deals, valued at 3.759 billion

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