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 (

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