Stock market closes positive,Share Index grows by 1.51%.

Date:

March 31, 2023.

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Azonuchechi Chukwu.

The Nigerian stock market on Thursday appreciated further as All Share Index grew by 1.51% to close at 54,413.21 points from the previous close of 53,603.80 points.

The Market Capitalisation appreciated by 1.51% to close at N29.642 trillion from the previous close of N29.201 trillion, thereby adding N441 billion.

An aggregate of 973.6 million units of shares were traded in 3,718 deals, valued at N4 billion.

The Market Breadth closed positive as 23 equities emerged as gainers against 10 equities that declined in their share prices.

Percentage Gainers

OANDO led other gainers with 9.98% growth to close at N5.40 from the previous close of 4.91.

Sunu Assurance, MTN Nigeria and Consolidated Hallmark Insurance among other gainers also grew their share prices by 9.09%, 8.89% and 8.77% respectively.

Percentage Losers

PZ led other price decliners as it shed 5.88% of its share price to close at N11.20 from the previous close of N11.90.

CHAMS and UNILEVER among other price decliners also shed their share prices by 4.17% and 3.57% respectively.

Volume Drivers

TRANSCORP traded about 455.5 million units of its shares in 578 deals, valued at N669 million.

Living Trust Insurance traded about 254.8 million units of its shares in 18 deals, valued at N775 million.

Fidelity Bank traded about 143 million units of its shares in 54 deals, valued at N746.8 million.(www.naija247news.com).

Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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