Market declines further as NGXASI closes 0.07% lower

Activities on the floor of Nigerian Stock Exchange on Monday declined further as the All-Share Index closed 0.07% lower to settle at 49,629.43 compared with 49,664.07 recorded last Friday.

The market capitalisation dropped by N18 billion or 0.02% to close at N26.769 trillion from N26.787 trillion recorded in the previous session.

Aggregate volume and value of traded stocks settled at 210.8 million units and N2.19 billion in 4,122 deals. 

Market Breadth

Market Breadth closed negative as 17 stocks gained against 12 stocks that declined in their share prices at the end of the day’s trading

Percentage Gainers

NEIMETH led the gainers chart with 9.29% growth to close at N1.35 from the previous close of N1.40.

Unity Bank, FCMB, and Zenith Bank also made it to the green table, gaining 4.65%, 4.18% and 2.12% respectively.

Percentage Losers

PRESCO tops the price decliners’ list, shedding 9.97% of its share price to close at N142.60 from N158.40.

Still on the red table are; MULTIVERSE, Ikeja Hotel and Dangote Sugar, shedding 7.79%, 5.51% and 4.19% respectively, ahead of other price decliners.

Volume Drivers

ETRANZACT traded about 52.6 million units of its shares in 11 deals, valued at about N119.8 million.

FBNH traded about 23 million units of its shares in 144 deals, valued at about N249.8 million.

UBA traded about 21.9 million units of its shares in 242 deals, valued at about N153 million.

Source: Market declines further as NGXASI closes 0.07% lower – StocksWatch (stocksng.com)

Related Posts

07

Feb
Business & Economy

Consolidated Hallmark Holdings Plc grows profit by 513.7% to N23.13bn in Q4 2024

The Unaudited Financial Statements of Consolidated Hallmark Holdings Plc for the year ended 31 December 2024 revealed significant growth in the Company’s revenue and profit after tax. Gross Earnings of N28.17 billion was achieved for the 12 months period, up by 340.17% from the Gross Earnings of N6.4 billion recorded the previous year. Profit after tax of […]

07

Feb
Business & Economy

Fidelity Bank Plc increases share capital to N36.7bn

Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that it has increased its issued share capital from N26.7 billion to N36.7 billion by creation of 20 billion additional Ordinary Shares of 50 kobo each. At the recently concluded Extra-Ordinary General Meeting, the board has been authorised to raise additional capital up to the[…]