Trading activities on the floor of the Nigerian Stock Exchange on Monday closed lower, failing to Consolidate on Friday’s gain as the All Share Index declined by 0.14% to close at 29,809.20 points against the previous close of 29,851.29 points of last trading session.
Market Capitalisation dropped by 0.14% to close at N13.136 trillion against the previous close of N13.155 trillion, shedding N19 billion.
Aggregate volume and value of traded stocks closed higher at 573.6 million units and N10.2 billion in 4,076 deals, indicating a growth of 202.00%, 145.41% and 31.95% respectively.
Market Breadth
Market Breadth closed positive as 24 stocks gained while 19 stocks lost.
Percentage Gainers
Champion Breweries led other gainers with 9.86% growth to close at N1.56 from the previous close of N1.42
Other gainers include: GLASOXMITH, Prestige Assurance, LASACO, Mutual Benefits THOMAS WYATT, all gaining up to 5.00% of their share prices ahead of other stocks in the green chart.
Percentage Losers
CCNN and Nem Insurance top the price decliners’ list, both shedding 10% of their share prices. This is followed by Ecobank, NPF Micro-finance and Dangote Sugar, shedding 9.69%, 7.69% and 7.66% respectively.
Volume Drivers
Zenith Bank traded about 355. million units of its shares in 342 deals, valued at about N7 billion.