Market down by 0.27% as 17 equities decline in prices

The equity market on Monday closed on a bearish note as the All Share Index declined by 0.27% to settle at 38,545.30 points from the previous close of 38,648.91 points.

The Market Capitalisation declined by 0.27% to close at N20.089 trillion from the previous close of N20.143 trillion, thereby shedding N54 billion.

An aggregate of 209.2 million units of shares were traded in 3,390 deals, valued at N1.76 billion.

The Market Breadth closed positive as 18 equities appreciated in their share prices against 17 equities that declined in their share prices.

Percentage Gainers

  • Meyer Plc led other gainers with 8.77% growth to close at N0.62 from the previous close of N0.57.
  • Champion Breweries and Julius Berger among other gainers also grew their share prices by 6.06% and 4.71% respectively.

Percentage Losers

  • Fidson led other price decliners as it shed 9.8% of its share price to close at N4.60 from the previous close of N5.10.
  • LASACO and FTN Cocoa among other price decliners also shed their share prices by .9.33% and 9.09% respectively.

Volume Drivers

  • Access Bank traded about 22.72 million units of its shares in 182 deals, valued at N193.99 million.
  • AXA Mansard traded about 16.7 million units of its shares in 69 deals, valued at N15.05 million.
  • Zenith Bank traded about 16.14 million units of its shares in 305 deals, valued at N384.58 million.

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