Bears win again as market closes 0.16% lower, Monday

The Nigerian Bourse declined on Monday, the last trading day of the month in a session dominated by Bears as the All Share Index settled at 0.16% lower, closing at 27,630.56 points below Friday’s close of 27,675.04 points.

Market capitalization dipped by N23 billion, implying a decline of 0.17% to settle at N13.450 trillion as against N13.473 trillion of the last trading session.

Volume and value of traded stocks appreciated by 4.01% and 43.97% to settle at 194 million units and N3 billion respectively.

Market Breadth

18 stocks closed positive against another 18 that lost bringing the market breadth to a perfect Balance.

Percentage Gainer

CAP Plc led gainers chart, closing at 9.89% above the previous close of N23.25 to settle at N25.55

Continental Reinsurance grew 9.52% and NPF Microfinance grew 9.09% ahead of other 15 stocks that gained.

Percentage Losers

JOHNHOLT tops the losers’ chart losing 9.84% of its share price, while Ecobank and UAC-Property shed 9.55% and 9.48% respectively.

Volume Drivers

Guaranty traded about 58 million units of its shares in 266 deals, worth about N1.6 billion

 

 

 

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