NSEASI drops 0.25% further as Zenith retains investors’ patronage

0
211
rebounds

 

The Nigerian Bourse, Monday extended decline from the previous session as the All Share Index declines 0.25% to close at 41,832.63 points as against 41,935.90 points of the last trading session.

As a result, investors lost about N37billion as market capitalisation declined to N14.964 trillion as against 15.001 trillion of the last trading session.

Trading activities went south as volume and value traded declined 23.19 percent and 25.91 percent to settle at 327.758 million units and N5.259 billion respectively.

Market Breadth

14 stocks closed positive against 36 that lost bringing the market breadth to a negative round off.

C&I Leasing led other percentage gainers closing 9.94% above the previous close of N1.81, to settle at N1.99

Percentage Gainers

UCAP grew 5.64% and NEM grew 4.81% ahead stocks like Cutix, PZ, Africa Prudential, Zenith, Access, Jaiz Bank and Guaranty.

Percentage Losers

Cadbury tops the losers’ chart losing 9.65% of its share price, while Niger Insurance and Unity Bank both shed 9.52% and 8.89% respectively.

For four consecutive trading sessions, Zenith has emerged top in terms of market volume, deals and value. Today, Zenith emerged the most actively traded stock, trading 128.971 million units of its shares in 1184 deals, worth about N3.495 billion.

 

 

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