Transactions on the Nigerian Stock Exchange opened on Monday on a
bearish note as major equities recorded price losses.
The News Agency of Nigeria reports that as a result of the losses, the market indicators depreciated by 0.19 per cent.
The All-Share Index also lost 73.38 points to close at 38,350.96 as
against 38,424.34 posted on Friday.
Also, the market capitalisation, which opened at N12.168 trillion,
lost N23 billion or 0.19 per cent, to close at N12.145 trillion.
Lafarge Wapco topped the losers’ chart with N8 to close at N100 per share.
Julius Berger trailed with N1.43 to close at N179.33 per share, while
Dangote Cement lost N1 to close at N195 per share.
Stanbic IBTC dipped by 84k to close at N18, while Live Stock lost 51k
to close at N4.68 per share.
On the other hand, GlaxoSmith led the gainers’ table by N3.50 to close at N63.50 per share.
It was followed by Nigerian Breweries with a gain of N1.43 to close at N179.33, while BetaGlass gained N1.09 to close at N11.99 per share.
PZ gained 40k to close at N46 per share, while GTBank appreciated by
28k to close at N25.60 per share.
In all, a total of 375.50 million shares worth N3.02 billion were
traded in 5,552 deals.
This is against 281.07 million shares valued at N3.5 billion traded in
5,407 deals on Friday.
UBA drove the turnover volume, accounting for 67.94 million shares
worth N597.31 million.
Sterling Bank came second on the activity chart with 61.43 million
shares valued at N173.47 million, while Transcorp accounted for 34.07
million shares worth N47.75 million.
Trending
- Queues: NNPC says cause of tightness in fuel supply resolved
- LG polls: Oyo declares Friday half working day
- Ondo 2024: Ajayi emerges PDP governorship candidate
- ‘Dey play,’ Nigerians mock prophet who claims world ends today
- Lagos-Calabar Coastal Highway: Demolition for first 3km begins Saturday
- Court subpoenas Lagos prison controller over disobedience to order
- Ondo poll: You’ll be successful tomorrow, Ganduje tells Jimoh Ibrahim, others
- Court sets aside arrest warrant against Fubara’s Chief of Staff