Transactions on the floor of the Nigerian Stock Exchange on Monday June 1st 2020, closed on a positive note as the All Share Index grew by 0.19% to settle at 25,316.15 points from the previous close of 25,267.82 points on Friday.
The Market Capitalisation appreciated by 0.20% to close at N13.194 trillion from the previous close of N13.168 trillion, thereby gaining N26 billion.
An aggregate of 253.3 million units of shares were traded in 4,775 deals, valued at N2.65 billion.
Market Breadth
The market breadth closed positive as 28 equities appreciated in their share prices while 10 equities declined in their share prices.
Percentage Gainers
NAHCO and Japaul Oil both led other percentage with 10% growth, closing at N2.75 and N0.22 respectively.
Dangote Sugar, Cornerstone Insurance and Champion Breweries among other gainers also grew their share prices by 9.69%, 9.09% and 8.79% respectively.
Percentage Losers
Fidson Healthcare led other price decliners, shedding 9.71% of its share price to close at N3.07 from the previous close of N3.40.
Stanbic IBTC, AXA Mansard and Afromedia Plc among other price decliners also shed their share prices by 9.71%, 9.22% and 8.87% respectively.
Volume Drivers
- First Bank of Nigeria Holdings (FBNH) traded about 41 million units of its shares in 284 deals, valued at N221.78 million.
- Guaranty Trust Bank traded about 36.17 million units of its shares in 534 deals, valued at N887.46 million.
- Japaul Oil traded about 25.44 million units of its shares in 56 deals, valued at N5.54 million.