Market sheds N6bn as NGXASI closes lower by 0.02%

The equity market on Monday closed lower as the All Share Index depreciated by 0.02% to settle at 47,428.67 points from the previous close of 47,437.48 points.

The Market Capitalisation declined by 0.02% to close at N25.561 trillion from the previous close of N25.567 trillion, thereby shedding N6 billion.

An aggregate of 1.28 billion units of shares were traded in 4,735 deals, valued at N7.9 billion.

The Market Breadth closed negative as 19 equities appreciated in their share prices against 22 equities that declined in their share prices.

Percentage Gainers

RTBRISCOE led other gainers with 9.59% growth to close at N0.80 from the previous close of N0.73.

Ekobank, Prestige Assurance and Niger Insurance among other gainers also grew their share prices by 7.27%, 6.52% and 4.55% respectively.

Percentage Losers

CWG and Eterna Oil led other price decliners as they shed 10.00% each of their share prices to close at N0.99 and N5.04 from the previous close of N1.10 and N5.60 respectively.

Royal Exchange and Veritas Kapital among other price decliners also shed their share prices by 9.92% and 8.70% respectively.

Volume Drivers

FCMB traded about 1 billion units of its shares in 164 deals, valued at about N3.8 billion.

Fidelity traded about 38 million units of its shares in 212 deal, valued at N108.9 million.

Zenith Bank traded about 28.5 million units of its shares in 389 deals, valued at N768 million.

Source: Market sheds N6bn as NGXASI closes lower by 0.02% – StocksWatch (

Related Posts


Business & Economy


Welcome to the Elite Wealth Placement Fund – a bespoke investment vehicle designed exclusively for high-net-worth individuals seeking attractive and tailored placement opportunities. Our fund is managed by a team of seasoned financial experts with a proven track record of delivering superior returns, while prioritizing risk management and long-term wealth preservation. As an exclusive member, you will […]


Business & Economy

PZ Cussons Nigeria Plc reports N113bn revenue, boosts profit after tax by 114% in one year

The Audited Financial Statement of PZ Cussons for the year ended 31 May 2023 show significant growth in the Company’s bottom line figures with 114% growth in its profit after tax for the 12 months period. The Group reported revenue of N113.964 billion for the 12 months period, up by 14.53% from N99.503 reported the previous year.[…]