Investors gain N93 billion as market closes 0.71% higher

Trading activities on the floor of the Nigerian Stock Exchange on Monday closed on a positive note as the All Share Index grew by 0.71%, closing at 27,115.89 points against the previous close of 26,925.29 points on Friday.

Market capitalisation closed at N13.214 trillion, gaining N93 billion from the previous close of N13.121 trillion.

Aggregate volume of traded stocks closed at 250.74 million units, valued at N4.17 billion in 4,116 deals.

Market Breadth

The market breadth closed positive as 20 stocks gained, while 13 stocks declined in their share prices.

Percentage Gainers

Courtville with 10% growth led the gainers list, closing at N0.22 form the previous close of N0.20.

UACN and FCMB among other gainers also grew their share prices by 6.67% and 5.00% respectively.

Percentage Losers

Cadbury and Chams Plc led the price decliners’ list, shedding their share prices by 9.71% and 8.70% respectively.

Volume Drivers

Lafarge Africa Plc (WAPCO) traded about 47.15 million units of its shares in 88 deals, valued at N660 million.

MTN Nigeria traded about 12.37 million units of its shares in 165 deals, valued at N1.7 billion.

 

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