The Nigerian Bourse on Monday declined from the previous trading session as the All Share Index declines 0.31% to close at 31,042.32 points against 31,139.35 points of the last trading session.
Market capitalization dipped by 0.31% to settle at N11.576 trillion against N11.612 trillion recorded on Friday, indicating a loss of N36 billion.
Volume of traded stocks dropped by 27.03% while the value appreciated by 43.37%, standing at 168 million units and N3.7 billion respectively.
Market Breadth
12 stocks closed positive against 19 that closed negative, bringing the market breadth to a negative round off.
Percentage Gainers
Red Star Express led other percentage gainers closing 10.00% above the previous close of N5.00 to settle at N5.50
University Press grew 8.11%, STANBIC and AIICO gained 6.59% and 4.17% of their share prices ahead of other 8 stocks on the gainers’ chart
Percentage Losers
Academy Press tops the losers’ chart, losing 8.33% of its share price. Also on the red chart are Consolidated Hallmark Insurance, Access Bank, NEM, Fidelity Bank, NPF Micro-Finance Bank and NASCON all shedding not less than 5% of their share prices for the day.
Volume Drivers
Guaranty traded the highest volume of about 46 million units of its shares in 238 deals, valued at about N1.7 billion
Zenith traded about 28 million units of its shares in 289 deals, worth about N627 million.