Stock Exchange: Market capitalisation dips by N36 billion

Nigerian-Stock-Exchange
Nigerian Stock Exchange (NSE)

Equity transactions at the Nigerian Stock Exchange (NSE) opened for the week on Monday as the market capitalisation depreciated by N36 billion or 0.31 per cent, amid price losses by major stocks.

The News Agency of Nigerian (NAN) reports that the market capitalisation closed lower at N11.576 trillion from the N11.612 trillion recorded on Friday.

Also, the All-Share Index, which opened at 31,139.35, dropped by 97.03 points or 0.31 per cent to close at 31,042.32.

Mobil led the losers’ chart by N3 to close at N167 per share.

Nestle depreciated by N2 to close at N1498, while Dangote Cement lost N1.2 to close at N188.5 per share.

Nascon dipped by N1 to close at N19 per share, while CCNN fell by 9k to close at N20 per share.

On the other hand, Stanbic IBTC led the gainers’ chart by N3 to close at N48.5 per share.

Redstarex gained 5k to close at N5.5, while UBN grew by 2k to close at N7.05 per share.

Advertisement

SGF Campaign AD

UPL appreciated by 15k to close at N2, while Dangote Sugar chalked up 1k to close at N14.1 per share.

GTBank emerged as the most traded stock, accounting for 46.97 million shares worth N1.76 billion.

Zenith Bank exchanged 28.64 million shares valued at N627.64 million, while Access Bank sold 28.51 million shares worth N121.98 million.

FBNH Holdings traded 16.38 million shares valued N134.41 million, while UBA transacted 8.11 million shares worth N62.85 million.

In all, investors exchanged a total of 168.72 million shares worth N3.75 billion in 3,048 deals.

This was against the 231.23 million shares valued at N2.62 billion traded by investors in 3,253 deals on Friday.

(NAN)

Advertisement

Tribunal Campaign AD

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: This space is available for a Text_Ad.. Call Willie on +2347088095401 for more information


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.