Transactions on the floor of the Nigerian Stock Exchange, NSE, on Monday, February 5, closed the first trading day of the week on a sloppy note.
Consequently, the All-Share Index, ASI, dropped 0.85 percent or 378.27 points to close at 44,261.72 points, compressing the Year-to-Date return to 15.74 percent.
Similarly, the market capitalisation depreciated by N135.8 billion to finish at N15.884 trillion.
Market breadth closed negative as price movement chart showed Dangote Cement sitting atop the losers’ chart depreciating by N8 to close at N270 per share.
It was trailed by Forte Oil, which slumped by N2.40k to finish at N46.5k per share, and Julius Berger, which fell by N1.35k to close at N28.65k per share.
Lafarge shed N1 to settle at N53 per share, while Cadbury Nigeria reduced by 50k to end the day at N15.50k per share.
Conversely, Beta Glass led the gainers’ chart, soaring by N3.10k to finish at N65.45k per share. It was followed by Zenith Bank, which added 70k to settle at N32.65k per share, and PZ Cussons, which rose by 55k to end at N23.65k per share.
Nigerian Breweries grew by 50k to close at N145 per share, while Dangote Sugar advanced by 35k to finish at N21 per share.
FCMB was the most traded stocks at the market today, exchanging a total of 101.5 million shares worth N303.3 million.
Skye Bank sold 48.3 million equities valued at N66.4 million, while Diamond Bank traded 31.5 million shares for N100.2 million.Transcorp transacted 27.7 million shares for N63.5 million, while AIICO exchanged 27.6 million equities worth N24.3 million.
At the end of trading, the volume and value of stocks traded depreciated as a total of 426.9 million shares worth N2.8 billion exchanged hands in 5,741 deals compared with 535.3 million equities valued at N3.6 billion transacted at the last trading session in 6,054 deals.
