The Nigerian stock market on Monday closed in red as the All Share Index declined by 0.74% to close at 29,521.06 points against the previous close of 29,740.41 points on Friday.
The market capitalisation closed at N11.095 trillion, shedding about N82 billion from the previous close of N11.177 trillion on Friday.
Aggregate volume of traded stocks for the day was 290.2 million units, valued at N2.16 billion in 4,302 deals.
Market Breadth
The market breadth closed negative as 25 stocks against 26 stocks that lost.
Percentage Gainers
Veritas Kapital with 10% growth led other gainers to close at N0.22 from the previous close of N0.20.
Dangote Flour, Forte Oil, Julius Berger and Chams Plc among other gainers also grew their share prices by 9.97%, 9.93%, 9.78% and 9.52% respectively.
Percentage Losers
On the decliners’ list, Cement Company of Northern Nigeria (CCNN), May & Baker and Total Nigeria shed 9.71%, 8.89% and 8.74% of their share prices respectively among others.
Volume Drivers
- Japaul Oil traded about 60.42 million units of its shares in 128 deals, valued at N17.98 million.
- Caverton traded about 46.9 million units of its shares in 149 deals, valued at N125.32 million.
- Zenith Bank traded about 14 million units of its shares in 327 deals, valued at N300.2 million.