Trading activities on the floor of the Nigerian Stock Exchange, NSE, on Monday, February 12, kicked off the new week stuck in the south for the sixth consecutve day.
Consequently, the All-Share Index, ASI, dropped by 0.90% or 390.03 points to settle at 42,737.89 points, shrinking the year-to-date return further to 11.75 percent, while the market capitalisation dropped by N139.6 billion to close at N15.337 trillion.
Market breadth finished red with on 12 gainers paired against 36 decliners. Nigerian Breweries led the laggards’ pack dropping by N3.90k to settle at N133 per share.
It was trailed by GTBank, which crashed by N2.40k to close at N45.60k per share, and Lafarge, which declined by N2 to finish at N50 per share.
Zenith Bank shed N1.50k to end at N29.40k per share, while Flour Mills went down by N1.10k to close at N31.50k per share.
Conversely, Dangote Cement sat atop the gainers’ table, appreciating by N5.30k to finish at N272 per share. It was folloewd by Beta Glass, which rose by N3.25k to close at N68.70k per share, and PZ Cussons, which improved by N1.40k to end at N25.40k per share.
GlaxoSmithKline soared by N1 to settle at N21.20k per share, while International Breweries also increased by N1 to finish at N60 per share
Skye Bank was the most traded stock in terms of volume. The counter sold 73.2 million shares worth N79.2 million.
FBN Holdings traded 71.3 units valued at N815.7 million, while Jaiz Bank sold 40.6 million equities for N42.4 million.
In addition, Transcorp transacted 40.5 million shares valued at N84 million, while FCMB exchanged 26.2 million equities worth N71.3 million.
At the end of tradng, a total of 517.4 million shares worth N5.2 billion were traded in 5,852 deals compared with 552.4 million units valued at N4.5 billion transacted at the last trading session on Friday in 5,489 deals.
