The major market indicators of the Nigerian Stock Exchange closed on positive territory as the All-Share Index grew by 0.16% to stand at 27,035.78. The total trades recorded today was 230.7 million shares valued at N3.2 billion across 4,254 deals as the Equity market capitalisation closed at N13.048 trillion from N13.03 trillion recorded on Friday.
This change indicates 0.15% increase. Meanwhile, Law Union Insurance plc, Jaiz bank, Presco Plc led the gainers’ chart on Monday.
Law Union insurance Plc tops the chart of the equity gainers on the bourse of the NSE today as it gained 10% to close at N0.66 followed by Jaiz bank Plc, which gained 9.52% to close at N0.69.
Presco Plc gained 9.39% to close at N37.85 as Neimeth pharmaceuticals gained 8.93% to close at N0.61 while Cadbury Nigeria Plc rounded off the list with 8.89% gain to close at N9.8.
Okomu oil lost the most on the bourse today with 9.73% decline to close at N49.65 followed by Cutix Plc, which lost 9.52% to close at N1.33.
First bank Holding joined the list of losers today with 7.33% decline to close at N6.95 as Cornerstone insurance also lost 7.14% of its stock value to close at N0.78 while Livestock feeds plc shed 5.66% to close at N0.5.
Top trades by volume
Zenith bank Plc was the most actively traded stock on the bourse today with trades in 42.3 million shares valued at N798.2 million across 689 deals. Gt bank was the next on the ranks with trades in 26.01 million shares valued at N775.7 million across 244 deals followed by First bank with trades in 19.7 million shares valued at N140.5 million across 360 deals.
Transcorp Plc traded in 16.7 million shares at N17.2 million across 96 deals while Fidelity bank rounded off the list with trades in 15.2 million shares valued at N30.8 million across 146 deals.