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Transaction on the floor of the Stock Exchange on Tuesday, 20th February 2024, sustained its bearish run the second day in the week as the market closed on a negative note. The  All Share Index declined by 1.30% to settle at 101,060.67 from the previous close of 102,393.23. This brings the year-to-date to 35.52%,  the month-to-date to 0.03%, and the week-to-date to negative 4.45% respectively.

Market Capitalisation closed at N55.299 trillion. An aggregate of 256,156,775 units of shares was traded in 8,783 deals valued at N6,628,635,598.82

Market Breadth

The market breadth closed negative as 8 equities gained while 43 equities declined in share prices.

Percentage Gainers

Juli Plc led other gainers with 9.94% growth to close at  N1.77 from its previous price of N1.61

Eterna, Veritas Kapital Assurances, and Geregu Power Plc amongst other gainers also grew their share prices by 6.17%, 5.97, and 3.68% respectively.

Percentage Losers

Honeywell Flour  Plc led other price decliners as it shed 10% off its share price to close at N3.60 from its previous close of N4.00 and

BUA Cement, PZ Cussons, and UPDC REIT Plc amongst other losers also shed their share prices by  9.98%, 9.75%,  and 9.32 respectively.

Volume Drivers

Transcorp Plc traded about 39.746 million units of its shares in 640 deals, valued at N528.451 million

United Bank for Africa (UBA) Plc traded about 26.026 million units of its shares in 470 deals, valued at N624.495 million

Zenith Bank Plc traded about 21.009 million units of its shares in 469 deals, valued at N740.540 million

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