NSEASI closes higher, gains 0.06%, Monday

The Nigerian equities market opened the week on a positive note on Monday as the All Share Index inched 0.06 percent, adding 22.340 points, to close at 37,647.93 away from the previous close of 37,625.93 points.

The market capitalisation with about N8 billion increase closed at N13.638 trillion as against N13.630 trillion of the previous trading session.

Traded volume and value of stocks for the day dropped by 9.46% and 1.76%, arriving at 155.172 million units and N1.991 billion, below the previous close of 171.393 million units and N2.026 billion respectively.

Market Breadth

Trading activities for the day produced 20 gainers and 25 losers, bringing the market breadth to a negative round off

Percentage Gainers

CAVERTON with 9.95% growth tops the percentage gainers’ chart, settling at N2.21 above N2.01 its close on Friday. Other percentage gainers on the chart are C&I Leasing, First Aluminium and Champion with 9.78%, 7.89% and 7.54% growth respectively.

Percentage Losers

Unity Bank tops the losers chart losing 9.01% of its share price; while MULTIVERSE, DUNLOP and NASCON all shed 8.33%, 6.90% and 5.28% respectively

Volume Drivers

Zenith Bank is the most actively traded stock for the day, trading about 13.923 million units of its shares in 382 deals, valued at about N341.224 million


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