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Transaction on the floor of the Stock Exchange on Wednesday, 24th January 2024, sustained a 10th-day consecutive bullish run and closed on a positive note. The  All Share Index appreciated by 3.00% to settle at 101,571.11 from the previous close of 98,616.97. This brings the year-to-date to 33.70,  the month-to-date to 33.70, and the week-to-date to 7.27% respectively.

Market Capitalisation closed at N55.584 trillion. An aggregate of 488,490,901 units of shares was traded in 12,080 deals valued at N8,036,740,338.04

Market Breadth

The market breadth closed positive as 35 equities gained while 32 equities declined in share prices.

Percentage Gainers

Coronation Insurance (Wapic) Plc led other gainers with 10% growth to close at  N0.88 from its previous price of N0.88

BUA Cement, Japaul-Gold, and University Press Plc amongst other gainers also grew their share prices by 9.98, 9.91%%, and 9.82% respectively.

Percentage Losers

Nem Inuraance Plc led other price decliners as it shed 10% off its share price to close at N7.20 from its previous close of N8.00.

Cadbury Nigeria, The Initiate, and May & Baker Plc amongst other losers also shed their share prices by  9.96%, 9.92%, and 9.89% respectively.

Volume Drivers

Transcorp Plc traded about 90.109 million units of its shares in 1,207 deals, valued at N1.588 billion

Universal Insurance Plc traded about 45.629 million units of its shares in 168 deals, valued at N18.600 million

Unity Bank Plc traded about 27.343 million units of its shares in 223 deals, valued at N74.119 million

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