Bears Kept At Bay As Stock Market Opens Week In Green

Stock Exchange Closes Trading Week With N30bn Gain

Trading activities ended on Monday in the green zone, as the stock market capitalisation appreciated, with ASI rising by 0.71 percent.

Table of Contents

The equity capitalisation stood at N20.66 trillion, up from Friday’s N20.51 trillion.

The All-Share Index (ASI) rose to 39,493.37, a decline from Friday’s 39,216.20.

The volume of shares saw an increase from Friday’s 250.92 million to 522.17 million recorded on Monday.

Deals traded on the stock exchange floor stood at 4,566 against Friday’s 3,746.

Share values rose to N10.65 billion against Friday’s N2.79 billion.

Top Gainers

COURTVILLE: Opened at N0.2 kobo to close at N0.22 kobo, up 10 percent.

CUSTODIAN: Opened at N6 to close at N6.6 kobo, up 10 percent.

LINKASSURE: Opened at N0.51 kobo to close at N0.56 kobo, up 9.80 percent.

CAVERTON: Opened at N1.89 kobo to close at N2.07 kobo, up 9.52 percent.

JAIZBANK: Opened at N0.59 kobo to close at N0.64 kobo, up 8.47 percent.

READ ALSO: Naira Gains Slightly At Black Market

Top Losers

CORNERST: Opened at N0.61 kobo to close at N0.55 kobo, down 9.84 percent

OANDO: Opened at N3.3 kobo to close at N3.1 kobo, down 6.06 percent.

HONYFLOUR: Opened at N1.24 kobo to close at N1.18 kobo, down 4.84 percent.

PZ: Opened at N5 to close at N4.85 kobo, down 3 percent.

FCMB: Opened at N2.98 kobo to close at N2.9 kobo, down 2.68 percent.

Leading the activity chart was GUARANTY with 230.37 million shares with a value of N7.38 billion traded by investors.

Following was UBN with a share volume of 79.22 million with a value of N419.83 million.

WEMABANK follows with 51.94 million shares valued at N31.70 million.

Others are TRANSCORP with shares of 18.68 million worth N14.96 million and COURTVILLE with shares of 16.84 million worth N3.70 million.

LEAVE A REPLY

Please enter your comment!
Please enter your name here