The Nigerian equity market on Monday closed on a bearish note as the All Share Index declined further by 0.10% to settle at 38,287.58 points from the previous close of 38,324.07 points.
The Market Capitalisation declined by 0.10% to close at N19.956 trillion from the previous close of N19.975 trillion, thereby shedding N19 billion.
An aggregate of 141.146 million units of shares were traded in 3,566 deals, valued at N1.09 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
- Royal Exchange led other gainers with 9.68% growth to close at N0.68 from the previous close of N0.62.
- Regency Assurance and Consolidated Hallmark Insurance among other gainers also grew their share prices by 8.82% and 7.84% respectively.
Percentage Losers
- ABC Transport led other price decliners as it shed 9.76% of its share price to close at N0.37 from the previous close of N0.41.
- Nigerian Enamelware and UAC Property among other price decliners also shed their share prices by 9.75% and 8.43% respectively.
Volume Drivers
- UAC Property traded about 17.34 million units of its shares in 55 deals, valued at N13.34 million.
- FBNH traded about 11.25 million units of its shares in 154 deals, valued at N81.25 million.
- Chams Plc traded about 7.92 million units of its shares in 21 deals, valued at about N1.64 million.