The Nigerian Stock Exchange, NSE, flagged off the new week, on Monday, August 21, on a negative note, as lead indices on the bourse crashed in value.
Consequently, the All-Share Index (ASI) depreciated by 0.91 percent or 336.12 points to close at 36,584.44 points.
Likewise, market capitalisation dipped by N115.9 billion and settled at N12.609 trillion, trimming year-to-date return to stand at 36.13 per cent
However, market breadth closed positive with 26 gainers paired against 16 losers, with Vitafoam led the day’s losers with a loss of 5 per cent to close at N2.66 per share.
Mansard shed 4.88 per cent to settle at N1.95 per share, while SCOA declined by 4.74 per cent to close at N3.42 per share. Paintcom also fell by 4.62 per cent to close at 62 kobo per share, and Skye Bank depreciated by 4.48 per cent to end the day at 64 kobo per share.
Flourmill led the advancers’ chart adding 8.73 per cent to close at N31 per share, It was trailed by Transcorp, which advanced by 5.97 per cent to settle at N1.42 per share, Honeywell Flourmills and Dangote Flour appreciated 5 per cent each to close at N2.10 and N6.30 per share, while Learn Africa added 4.94 per cent to close at 85 kobo per share.
AIICO emerged the most active stock of the day with 131 million shares sold at N74.7 million. GTBank followed with the sale of 61.2 million units for N2.5 billion, and Zenith Bank, traded 22.7 million shares valued at N542.2 million. Unity Kapital Assurance sold 16.2 million shares worth N8 million, while UBA exchanged 11.2 millio shares at N104.7 million.
At the end of trading, investors transacted a total of 368.4 million shares in 3,729 deals valued at N6.3 billion compared with 236.6 million shares traded in 3,803 deals last Friday worth N4.8 billion.
