The Nigerian Stock market on Monday closed on a positive note as the All Share Index appreciated marginally by 0.01% to settle at 25,574.35 points from the previous close of 25,572.57 points.
Investors gain N929.4 million as market capitalization grew marginally by 0.01% to close at N13,365,490,539,098.43 from the previous close of N13,364,561,125,278.89.
An aggregate of 196.12 million units of shares were traded in 3,542 deals, valued at N1.73 billion.
Market Breadth
The market breadth closed negative as 9 stocks gained while 16 stocks declined in their share prices.
Percentage Gainers
ABC Transport led other gainers with 10% growth, closing at N0.33 from the previous close of N0.30.
Wapic Insurance, UACN and Mutual Benefit Assurance among other gainers also grew their share prices by 8.11%, 5.79% and 5.00% respectively.
Percentage Losers
Champion Breweries led other price decliners as it shed 10% of its share price to close at N0.81 from the previous close of N0.90.
Red Star Express and Japaul Oil among other price decliners also shed their share prices by 9.20% and 4.76% respectively.
Volume Drivers
- FBN Holdings traded about 43.39 million units of its shares in 246 deals, valued at N214.45 million.
- Chams Plc traded about 26.21 million units of its shares in 26 deals, valued at N5.26 million.
- UBA traded about 13.19 million units of its shares in 150 deals, valued at N79.09 million.