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Transaction on the floor of the Stock Exchange on Tuesday, 12th March 2024, sustained a seventh-day consecutive bullish run and closed on a positive note. The  All Share Index appreciated by 1.45% to settle at 103,524.44 from the previous close of 102,044.84. This brings the year-to-date to 37.67%,  the month-to-date to 3.5%, and the week-to-date to 2.15% respectively.

Market Capitalisation closed at N58.534 trillion. An aggregate of 565,787,524 units of shares was traded in 11,519 deals valued at N14,233,931,300.01

Market Breadth

The market breadth closed positive as 35 equities gained while 14 equities declined in share prices. 

Percentage Gainers

United Bank for Africa (UBA) Plc led other gainers with 10% growth to close at  N25.30 from its previous price of N23.00

MTN Nigeria Communications, Julius Berger Nigeria, and Access Bank Holding Plc amongst other gainers also grew their share prices by 9.98%, 9.71%,  and 9.51% respectively.

Percentage Losers
Tantalizers Plc led other price decliners as it shed 7.89% off its share price to close at N0.35, from its previous close of N0.38

NASCON Allied Industries, Morison Industries, and C&I Leasing Plc amongst other losers also shed their share prices by  6.77%, 6.62%,  and 6.45% respectively.

Volume Drivers

Transcorp Plc traded about 170.718 million units of its shares in 969 deals, valued at N3.135 billion

Access Bank Holding Plc traded about 48.572 million units of its shares in 810 deals, valued at 1.059 billion

Guaranty Trust Bank Holding (GTCO) Plc traded about 39.035 million units of its shares in 560 deals, valued at N1.658 billion

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