NSEASI declines, closes 0.18% lower, Monday

Trading activities on the floor of the Nigerian Stock Exchange on Monday closed in red as the All Share Index declined by 0.18% to close at 32,143.41 points as against the previous close of 32,200.21 points last Friday.

The market capitalisation declined by 0.18% to close at N11.735 trillion as against the previous close of N11.756 trillion, thereby shedding about N21 billion

Aggregate volume of traded stocks grew by 17.19%, closing at 142.1 million units as against the previous close of 121.26 million units.

Value of traded stocks declined by 1.54% to close at N1.56 billion as against the previous close of N1.58 billion last Friday.

Market Breadth

The market breadth closed positive as 14 stocks gained as against 12 stocks that lost.

Percentage Gainers

Regency Alliance Insurance with 10% growth tops the percentage gainers’ chart, closing at N0.22 as against the previous close of N0.20. Union Diagnostics grew 8% of its share price to close at N0.27 from the previous close of N0.25

Flour Mills grew by 7.14% to close at N16.5 from the previous close of N15.4. Other stocks on the gainers list include: Oando, Honeywell Flour, May & Baker, Vita foam, PZ, FBNH, AIICO, Access Bank, ETI, Sterling Bank and Nigerian Breweries.

Percentage Losers

Abbey Mortgage Bank Plc tops the losers chart, shedding 9.40% of its share price to close at N1.06 from N1.17

Diamond Bank and NEM Insurance shed 9.38% and 8.21% respectively among others on the loser’s chart.

Volume Drivers

Diamond Bank traded the highest volume of about 32.24 million of its shares in 243 deals and valued at about N37.68 million

Guaranty Trust Bank traded about 19.98 million units of its shares in 225 deals, valued at about N738.14 million

 

 

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