Nigerian Stock Exchange Resumes Week With N126bn Loss |StarFM

Namely, the market capitalisation inched decrease by N126 billion to shut at N20.094 trillion from N20.220 trillion carried out on Friday.

Additionally, the All-Share Index lost 243.49 aspects or 0.63 per cent to shut at 38,567.26 against 38,810.75 posted on Friday.

Accordingly, month-to-date carry out stood at 0.1 per cent, whereas one year-to-date loss elevated to 4.2 per cent.

UPL topped the losers’ chart in percentage phrases, losing by 9.79 per cent to shut at N1.29 per fragment.

Linkage Assurance trailed with 7.81 per cent to shut at 0.59okay, whereas NPF Micro Finance Bank dipped 4.26 per cent to lose at N1.80 per fragment.

Veritas Capital lost 4.17 per cent to shut at 23okay, Courteville dropped by 4 per cent to shut at 24okay per fragment.

On the replacement hand, Conoil dominated the gainers’ chart in percentage phrases, gaining 9.83 per cent to shut at N22.35 per fragment.

Northern Nigeria Flour Mills adopted with 9.78 per cent to shut at N6.75, whereas Skyway Aviation won 9.18 per cent to shut at N3.45 per fragment.

Academy Press elevated by 7.89 per cent to shut at 41okay, whereas SUNU Assurances added 4.44 per cent to shut at 47okay.

Despite the tumble in market indices, the quantity of shares traded rose by 16.19 per cent.

In consequence, investors traded 194.95 million shares valued at N1.01 billion in 3,830 affords.

This used to be against a complete of 167.78 million shares value N1.66 billion exchanged in 3,267 affords on Friday.

Wema Bank used to be the most active inventory accounting for 25.77 million shares values at N22.33 million.

Ella Lakes adopted with 25.03 million shares valued at N106.36 million, whereas Fidelity Bank traded 16.14 million shares value N38.65 million.

Consolidated Hallmark Insurance coverage sold 12.46 million shares valued at N6.81 million, whereas FCMB Group traded 9.47 million shares value N29.30 million.