C & I Leasing, Forte Oil led 16 other gainers despite market decline of 0.39%, Monday


Trading activities on the floor of the Nigerian Stock Exchange on Monday closed in red as the All Share Index, reverses from the gains of Friday, declining by 0.39% to close at 32,201.98 points from the previous close of 32,327.59 points.

Market capitalisation declined by 0.39% to settle at N11.756 trillion as against the previous close of N11.802 trillion last Friday.

Other market indicators declined as the total traded volume and value of shares dropped by 36.29% and 54.53%, closing at 160.67 million units and N2.15 billion respectively.

Market Breadth

18 stocks gained as against 23 stocks that lost, bringing the market breadth to a negative round off.

Percentage Gainers

C& I Leasing led other percentage gainers, closing at N3.15 with a growth 8.62% from the previous close of N2.9

Forte Oil grew 8.57% to close at N19 from the previous close of N17.5.

Prestige Assurance, Union Diagnostics, Honeywell Flour and NPF Microfinance Bank grew 8.33%, 6.67%, 6.47% and 6.16% respectively among others.

Percentage Losers

Champion Breweries tops the losers’ chart losing 10% of its share price to close at N1.62 from the previous close of N1.8

Red Star Express and Royal Assurance Plc also shed 9.17% and 8.70% respectively among others on the losers’ chart.

Volume Drivers

  • Guaranty Trust Bank traded about 23.69 million units of its shares in 216 deals, valued at about N805 million
  • Access Bank traded about 24 million units of its shares in 127 deals, valued at about N185.4 million
  • Zenith Bank traded about 10.3 million units of its shares in 261 deals, valued at about N208.9 million


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