Stock market closes flat amidst price surge in 35 equities

Date:

June 21, 2024.

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Azonuchechi Chukwu.

Transactions on the floor of the Nigerian Exchange on Thursday closed flat as the All Share Index closed at 99,842.94 points from the previous close of 99,840.95 points, hence there was no significant change.

The Market Capitalisation close at N56.480 trillion same as the previous close of N56.379 trillion.

An aggregate of 1.3 billion units of shares were traded in 8,364 deals, valued at N25 billion.

The Market Breadth closed positive as 35 equities appreciated in their share prices against 17 equities that declined in their share prices.

Percentage Gainers

Champion Breweries and VERITALS KAPITAL led other gainers with 9.88% growth each to close at N3.56 and N0.89 respectively.

Royal Exchange and RTBRISCOE among other gainers also grew their share prices by 9.84% and 9.84% respectively.

Percentage Losers

Transcorp Hotel led other price decliners as it sheds 10.00% of its share price to close at N90.00 from the previous close of N100.00.

Regency Alliance and LASACO among other price decliners also shed their share prices by 8.51% and 6.05% respectively.

Volume Drivers

FBNH traded about 871 million units of its shares in 332 deals, valued at N19 billion.

Fidelity Bank traded about 162 million units of its shares in 539 deals valued at N1.7 billion.

TRANSCORP traded about 34 million units of its shares in 478 deals, valued at N399.7 million.(www.naija247news.com).

Chukwu Azochukwu, The Naija247news
Chukwu Azochukwu, The Naija247newshttps://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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