Investors loss N108bn as index plunged by 0.15%

The Nigerian equities market on Monday closed lower bearish as the All Share Index plunged by 0.15% to settle at 115,258.77 points from the previous close of 115,429.54 points on Tuesday.

The Market Capitalization declined by 0.15% to close at N72.680 trillion from the previous close of N72.788 trillion, thereby shedding N108 billion.

Aggregate volume of traded stocks was 722 million units in 22,100 deals, Value at N22 billion.

Market Breadth 

The market breadth closed negative as 21 equities gained while 43 equities declined in their share prices.

Percentage Gainers

Guinea Insurance led other gainers with 10.00% growth, closing at N101.30 from the previous close of N112.55

ELLAHLAKES, Legend Internet and Royal Exchange among other gainers grew their share prices by 9.93%, 9.87% and 9.68% respectively.

Percentage Losers

Northern Nigeria Flourmills led the decliners, shedding 10.00% of its share price to close the day at N8.10 from previous close of N9.00.

C & I Leasing, University Press and DEAPCAP among other price decliners shed their share prices by 9.68%, 9.27% and 8.99% respectively.

Volume Drivers

ACCESSCORP traded about 93 million units of its shares in 1,714 deals, valued at N1.9 billion.

UBA traded about 91 million units of its shares in 1,584 deals, worth about N3 billion.

Zenith Bank traded about 77 million units of its shares in 1,615 deals, valued at N3.6 billion

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