Sell-offs in WAPCO, ZENITH and ACCESS pulled the Nigerian equity market down 0.1% to 43,707.30 points on Monday.
The market capitalisation lost ₦12.1billion to ₦22.8trillion while YTD returns weakened by 0.1% to 8.5%.
The volume of equities traded decreased by 3.6% to 270.7million units while the value traded rose 61.9% to ₦5.6billion.
FLOURMILL (50.6m units), TRANSCORP (38.9m units), and FBNH (21.5m units) led by volume while MTNN (₦1.5bn), FLOURMILL (₦1.5bn), and NESTLE (₦454.8m) recorded the most value.
The AFR-ICT and Consumer Goods indices appreciated 0.3% and 0.1% respectively due to gains in MTNN (+0.5%) and FLOURMILL (+0.5%).
Meanwhile, Banking index fell 1.0%, dragged by ZENITH (-1.2%) and ACCESS (-1.1%). Similarly, MANSARD (-4.0%) and CHIPLC (-8.3%) pulled the Insurance index down 0.3% while the Industrial Goods and Oil & Gas indices dipped 0.2% apiece on price decline in WAPCO (-3.9%) and ARDOVA (-4.1%).
The market saw 19 stocks shed prices while 18 gainers as NEIMETH (+10.0%), CHAMS (+9.1%), and MBENEFIT (+8.0%) led gainers while REDSTAREX (-9.9%), PHARMDEKO (-9.8%), and ABCTRANS (-9.1%) led decliners.
The Chief Executive Officer of Air Peace, Allen Onyema, has been hit with new charges…
Contrary to reports in a section of the media that the Nigerian Upstream Petroleum…
Tajudeen Suleiman It was a pleasant shock for me to read the National Bureau of…
A member of the House of Representatives, representing Isiala Mbano / Onuimo / Okigwe…
Leading financial institution in Nigeria, Fidelity Bank Plc, has assured its customers of unwavering…
Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial…
This website uses cookies.