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Transaction on the floor of the Stock Exchange on Thursday, 22nd February 2024, returned to bearish and closed on a negative note. The  All Share Index declined by 0.12% to settle at 101,239.10 from the previous close of 101,362.38. This brings the year-to-date to 35.68%,  the month-to-date to 0.21%, and the week-to-date to negative 4.27% respectively.

Market Capitalisation closed at N55.397 trillion. An aggregate of 252,997,201 units of shares was traded in 7,248 deals valued at N4,944,269,352.44

Market Breadth

The market breadth closed negative as 20 equities gained while 28 equities declined in share prices.

Percentage Gainers

Sunu Assurances Nigeria and Omatek Ventures Plc led other gainers with 10% growth each to close at  N2.09 and N0.77 from their previous price of N1.90 and N0.77 respectively

Juli, Caverton Offshore, and  NEM Insurance Plc amongst other gainers also grew their share prices by 9.79%, 9.52%, and 9.09% respectively.

Percentage Losers
Daar Communications Plc led other price decliners as it shed 10% off its share price to close at N0.72 from its previous close of and N0.80

PZ Cussons, Academy Press, and Morison Industries Plc amongst other losers also shed their share prices by  9.89%, 9.84%,  and 9.73 respectively.

Volume Drivers

First Bank of Nigeria Holding (FBNH) Plc traded about 31.022 million units of its shares in 372 deals, valued at N893.033 million

United Bank for Africa (UBA) Plc traded about 22.281 million units of its shares in 392 deals, valued at 533.240 million

Access Bank Holding Plc traded about 13.689 million units of its shares in 461 deals, valued at N295.304 million

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