NSEASI gains 0.37% with a balanced breadth, Monday

Nigerian Equities Market sheds 16bn, closes 0.14% lower

The Nigerian equity market opens the week with a positive close, making it three straight sessions of gains as the All Share Index advanced 0.37%, adding 121.130 points, to close at 32,962.82 away from the previous close of 32,841.69 points.

The market capitalisation with about N44 billion increase closed at N12.039 trillion as against N11.990 trillion of the previous trading session.

Traded volume and value of stocks for the day appreciated by 21.29% and 239.85%, to settle at 257.9 million units and N4.50 billion respectively.

Market Breadth

Trading activities for the day produced 17 gainers and 17 losers, bringing the market breadth a balanced round off.

Percentage Gainers

UNILEVER with 8.20% growth tops the percentage gainers’ chart, settling at N47.50 above 43.90 its close on Friday. Other percentage gainers on the chart are CUSTODIAN, Union Diagnostic and SEPLAT with 7.84%, 7.14% and 4.86% growth respectively.

Percentage Losers

WAPCO and NEIMETH top the losers’ chart losing 10.00% each of their share prices; while MCNICHOLS, Honeywell flour and Dangote Flour all shed 8.47%, 7.26% and 6.25% respectively

Volume Drivers

Guaranty is the most actively traded stock for the day, trading about 74 million units of its shares in 178 deals, valued at about N2.7 billion



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