NGX Daily Equity Market Report, Feb 1 2022

The Nigerian stock market on Tuesday closed on a bullish note as the All Share Index appreciated by 1.04% to close at 47111.21 points from the previous close of 46,624.67 points.Investors gained N263 billion as the Market Capitalisation grew by 1.05% to close at N25.387 trillion from the previous close of N25.124 trillion.An aggregate of 341.52 million units of shares were traded in 6,417 deals, valued at N3.69 billion.The Market Breadth closed positive as 36 equities emerged as gainers against 21 equities that declined in their share prices.Percentage Gainers :chart_with_upwards_trend:Seplat led other gainers with 10% growth, closing at N869 from the previous close of N790.Conoil and Academy Press among other gainers also grew their share prices by 9.79% and 9.57% respectively.Percentage Losers :chart_with_downwards_trend:Caverton led other price decliners as it shed 9.50% of its share price to close at N1.62 from the previous close of N1.79.Eterna Plc and NCR Nigeria among other price decliners also shed their share prices by 9.17% and 9.09%.Volume Drivers :rice:Transcorp traded about 32.1 million units of its shares in 187 deals, valued at N37.46 million.Fidelity Bank traded about 25.15 million units of its shares in 252 deals, valued at N71.5 millionAccess Bank traded about 23.46 million units of its shares in 296 deals, valued at N238.28 million.


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