Insurance Stocks led other price percentage gainers, Monday

Trading activities of the floor of the Nigerian Stock Exchange on Monday closed in red as the All Share index declined marginally by 0.06% to close at 36,479.42 points from the previous close of 36,499.67 points on Friday.

Market capitalisation closed at 13.315 trillion, declining by 0.05% from the previous close of N13.322 trillion, thereby shedding about N7 billion

Volume and value of traded stocks declined by 31.57% and 52.21% closing at 182.3 million units and N2.03 billion respectively.

 Market Breadth

21 stocks gained while 25 stocks lost bringing the market breadth to a negative round off.

Percentage Gainers

Consolidated Hallmark and Niger Insurance both gained 10% above their share prices, both closing at 33 kobo respectively.

Equity Assurance and Union Diagnostics both gained 9.09% above their share prices closing at 24 kobo and 36 kobo respectively.

Wapco, Neimeth and Diamond Bank also gained 8.93%, 8.33% and 6.84% respectively ahead other stocks on the percentage gainers’ chart.

Percentage Losers

Ikeja Hotel tops the losers chart, shedding 9.90% of it share price to close at N2.82 from N3.13.  ALEX shed 9.78% while UCAP and Beta Glass both shed 9.09% of their share prices

Volume Drivers

Zenith Bank traded about 11.47 million units of its shares in 444 deals, valued at N274.5 million

UCAP traded 20.37 million units of its shares in 254 deals valued at N58.33 million

 

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