Nigerian stock market on Monday declined as 33 stocks closed the day lower
The All Share Index dropped by 0.34% to close at 107,455.13 points from the previous close of 107,821.39 points.
The Market Capitalisation grew by 0.14% to close at N67.288 trillion from the previous close of N67.193 trillion, thereby shedding N95 billion.
An aggregate of 308 million units of shares were traded in 15,474 deals, valued at N7 billion.
The Market Breadth closed negative as 33 equities emerged as gainers against 20 equities that declined in their share prices.
Percentage Gainers
LEARNAFRICA and NGXGROUP led other gainers with 10.00% growth each to close at N3.63 and N33.000 from the previous close of N3.30 and N0.30
Champion Breweries, ABC Transport and TANTALIZER also grew their share prices by 9.90%, 9.86% and 9.47% respectively.
Percentage Losers
UCAP led other price decliners as it shed 9.91% of its share price to close at N20.00 from the previous close of N22.20.
CUTIX and MULTIVERSE among other price decliners also shed their share prices by 9.84% and 9.74% respectively.
Volume Drivers
Zenith Bank traded about 31 million units of its shares in 908 deals, valued at N1.47 billion.
ACCESSCORP traded about 16 million units of its shares in 722 deals, valued at N412.5 million.
Fidelity Bank traded about 20 million units of its shares in 512 deals, valued at N340 million.