Market declines further as NGXASI closes 0.07% lower

Activities on the floor of Nigerian Exchange on Monday declined further as the All-Share Index closed 0.07% lower to settle at 49,440.21 compared with 49,475.42 recorded last Friday.

The market capitalisation dropped by N19 billion or 0.72% to close at N26.667 trillion from N26.686 trillion recorded in the previous session.

Aggregate volume and value of traded stocks settled at 67 million units and N1.48 billion in 3,386 deals. 

Market Breadth

Market Breadth closed balanced as 11 stocks gained against 11 stocks that declined in their share prices at the end of the day’s trading

Percentage Gainers

ENTRAZACT led the gainers chart with 9.97% growth to close at N3.20 from the previous close of N2.91.

Academy Press, Vitafoam, and Honeywell Flour also made it to the green table, gaining 9.52%, 5.00% and 3.36% respectively.

Percentage Losers

ABC Transport tops the price decliners’ list, shedding 10.00% of its share price to close at N0.27 from N0.30.

Still on the red table are; University Press, Mutual Benefits and RTBRISCOE, shedding 9.44%, 6.90% and 6.25% respectively.

Volume Drivers

FBNH traded about 9.7 million units of its shares in 185 deals, valued at about N196.6 million.

Zenith Bank traded about 9 million units of its shares in 374 deals, valued at about N182 million.

GTCO traded about 6 million units of its shares in 321 deals, valued at about N120 million.

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