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Transaction on the floor of the Stock Exchange on Monday 15th January, 2024, closed the first trading day of the week on a positive note. The  All Share Index appreciated by 1.92% to settle at 84,640.89 from the previous close of 83,042.96. This brings the year-to-date to 12.98%,  month-to-date to 12.98%, and the week-to-date to 1.92% respectively.

Market Capitalisation closed at N46.317 trillion. An aggregate of 807,507,858 units of shares was traded in 13,647 deals valued at N11,031,432,435.84

Market Breadth

The market breadth closed positive as 68 equities gained while 8 equities declined in share prices.

Percentage Gainers

Chams Holding, Axa Mansard Insurance, Daar Commuincations, Tantalizer, PZ Cuson, and Sovreign Trust Insurance Plc led other gainers with 10% growth each to close at  N0.2.53, N6.49, N0.99, N32.42, N0.55, and N0.66 from their previous prices of N2.30, N5.90, N0.90, N29.50, N0.50 and N0.60 respectively

Cadbury Nigeria, Jaiz Bank, and Wema Bank Plc amongst other gainers also grew their share prices by 9.98%, 9.93%, and 9.92% respectively.

Percentage Losers

Abbey Mortgage Bank Plc led other price decliners as it shed 9.52% off its share price to close at N2.47 from its previous close of N2.73

Julius Berger Nigeria, Custodian Investment, and Africa Prudential Plc amongst other losers also shed their share prices by  3.54%, 3.45%, and 2.78% respectively.

Volume Drivers

Transcorp Plc traded about 66.895 million units of its shares in 819 deals, valued at N956.007 million

AIICO Insurance Plc traded about 62.293 million units of its shares in 348 deals, valued at N78.987 million

Wema Banl Plc traded about 41.573 million units of its shares in 328 deals, valued at N328,328.387illion

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