NSEASI dips by 0.78%, Monday

NSEASI dips further, closes 1.62% lower

The Nigerian Bourse on Monday closed in red as the All Share Index declined by 0.78%, closing at 30,400.28 points against the previous close of 30,638.90 last week Friday

Market capitalisation closed at N11.337 trillion which is a decline 0.78% from the previous close of N11.426 trillion, shedding N89 billion.

Aggregate volume of traded stocks declined by 33.42% to close at 222.58 million units against the previous close of 334.32 million units. The value of traded stocks grew by 88.73% to close at N3.34 billion.


Market Breadth

Market breadth closed negative as 14 stocks gained while 34stocks lost.

Percentage Gainers

Diamond Bank and WAPIC Insurance with 10% growth both led the gainers’ chart, closing at  N1.98 and N0.44 respectively.

AG Leventis, AIICO and Regency Alliance also grew 7.41%, 6.25% and 5.0% of their share prices respectively among others on the gainers chart.

Percentage Losers

NEM Insurance and Resort Savings & Loan both led the losers’ chart, shedding 10% of their share prices to close at N2.34 and N0.45 respectively.

MRS, UACN, Flour Mills, Ikeja Hotel and Law Union & Rock Insurance among other losers shed 9.92%, 9.90%, 9.84%, 9.15% and 9.09% of their share prices respectively.

Volume Drivers

Diamond Bank traded about 77.68 million units of its shares in 294 deals, valued at about N153.1 million.





Please enter your comment!
Please enter your name here