NGXASI closes lowers, down by 0.33%

The Nigerian Stock Exchange on Monday closed lower as the All Share Index was down by 0.33% to close at 46,687.85 points from the previous close of 46,842.86 points.

Investors lost N83 billion as the Market Capitalisation dropped by 0.33% to close at N25.170 trillion from the previous close of N25.253 trillion.

At the close of trade on Monday, an aggregate of 219 million units of shares were traded in 5,168 deals, valued at N1.931 billion.

The Market Breadth closed positive as 22 equities emerged as gainers against 19 equities that declined in their share prices.

Percentage Gainers

Red Star Express led other gainers with 10.00% growth, to close at N2.97 from the previous close of N2.70.

NAHCO, MEYER, Veritas Kapital, UPDC and Unity Bank above other 16 gainers also grew their share prices by over 9.00%.

Percentage Losers

Regency Alliance led other price decliners as it shed 9.68% of its share price to close at N0.28 from the previous close of N0.31

Japaul Gold and WAPIC among other price decliners also shed their share prices by 8.82% and 6.82% respectively.

Volume Drivers

Fidelity traded about 26 million units of its share in 266 deals, valued at about N80 million.

UBA traded 15 million units of its shares in 220 deals, valued at about N114 million.

Zenith Bank traded about 13 million units of its shares in 455 deals, valued at N278 million.

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