The Nigerian equities market on Monday halts seven straight days of uptrend as the All Share Index dropped marginally by 0.01% to settle at 22,920.41 points against the previous close of 22,921.59 points on Friday.
The market capitalisation declined by 0.01% to close at N11.945 trillion from the previous close of N11.946 trillion, thereby shedding N1 billion.
Aggregate volume of traded stocks closed at 345.45 million units, up by 49.15% from the previous close of 231.61 million units.
The value of traded stocks was N4.21 billion, up by 61% from the previous close of N2.61 billion.
Total number of deals at the close of trade was 4,930, up by 9.05% from the previous close of 4,521 deals.
Market Breadth
The market breadth closed negative as 14 equities appreciated in their prices against 16 equities that declined in their share prices.
Percentage Gainers
Linkage Assurance and Julius Berger led other percentage gainers with 10% growth, closing at N0.55 and N26.95 respectively.
BUA Cement and NASCON Allied Industries among other gainers also grew their share prices by 8.48% and 7.49% respectively.
Percentage Losers
Guinness led other price decliners, shedding 9.37% of its share price to close at N20.30 from the previous close of N22.40.
PZ, Livestock Feeds and Champions Breweries among other price decliners also shed 9.09%, 7.14% and 6.25% of their share prices respectively.
Volume Drivers
First Bank of Nigeria Holdings ( FBNH) traded about 115.32 million units of its shares in 546 deals, valued at N538.15 million.
Guaranty Trust Bank traded about 51.79 million units of its shares in 633 deals, valued at N1.05 billion.