Market closes flat amidst price surge in 28 equities

Transactions on the floor of the Nigerian Exchange on Monday closed flat, despite positive market breadth as the All Share Index settled at 149,437.88 points from the previous close of 149,433.25 points, hence there was no significant change.

The Market Capitalisation close at N95.267 trillion same as the previous close of N95.264 trillion.

An aggregate of 553 million units of shares were traded in 28,907 deals, valued at N12 billion.

The Market Breadth closed positive as 28 equities appreciated in their share prices against 23 equities that declined in their share prices.

Percentage Gainers

Sovereign Trust Insurance led other gainers with 10.00% growth to close at N3.74 from the previous close of N3.40.

GUINNESS, MECURE and FIRSTHOLDCO among other gainers also grew their share prices by 9.96% and 9.88% respectively.

Percentage Losers

Prestige Assurance led other price decliners as it sheds 10.00% of its share price to close at N1.53 from the previous close of N1.70.

FTN Cocoa and Guinea Insurance among other price decliners also shed their share prices by 8.16% and 7.69% respectively.

Volume Drivers

FCMB traded about 92 million units of its shares in 551 deals, valued at N964 million.

ACCESSCORP traded about 68 million units of its shares in 1884 deals valued at N1.36 billion.

Consolidated Hallmark Insurance traded about 51 million units of its shares in 71 deals, valued at N209 million.

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