John Okoh, Lagos
Trading on the floor of Nigerian Stock Exchange (NSE) could not sustain the momentum it gained last week Friday, as the key market indicators slowed down, thereby dropping by 0.65 percent on Monday bringing the year to date return to 41.21 percent.
The All Share Index closed at 37,950.96 against the previous close of 38,198.60 while Market Capitalization closed at N13.081 trillion against previous close of N13.166 trillion.
Volume traded decreased by 10.61 percent from 353.645 million to 316.122 million, while the total value of stock traded decreased by 32.96 percent from N6.301 billion to N4.224 billion in 4,113 deals.
The Financial Services sector led the activity chart with 281.575 million shares exchanged for N3.449 billion. Consumer Goods came next with 11.61 million shares traded for N0.589 billion, followed by Conglomerates, Services, Oil And Gas sectors in that order on the activity chart.
Access Bank Plc, Guaranty Trust Bank Plc, FBN Holding Plc. Fidelity Bank Plc and Zenith Bank Plc were the most active stocks by volume. Fidson Healthcare Plc, A.G Leventis Plc, Linkage Assurance Plc, Union Bank Of Nigerian Plc, and Unity Bank Plc emerged the highest price gainers.
C & I Leasing Plc, Medview Air, Total Nigeria Plc, May & Baker Plc and FlourMill Nigeria Plc topped the losers Table. In all a total of 95 companies stocks were traded with 18 gainers and 27 losers while 50 share prices remained unchanged at the close of business.
TOP FIVE GAINERS ON MONDAY AUGUST 14, 2017
PREVIOUS PRICE CURRENT PRICE
FIDSON: 2.99 3.13
AGLEVENT: 0.69 0.72
LINKASSURE: 0.75 0.78
UBN: 5.77 6.00
UNITYBNK: 0.58 0.60
TOP FIVE LOSERS ON MONDAY AUGUST 14, 2017
PREVIOUS PRICE CURRENT PRICE
CILEASING: 1.08 0.98
MEDVIEWAIR: 1.60 1.52
TOTAL: 249.00 236.55
MAYBAKER: 3.10 2.95
FLOURMILL: 29.00 27.60
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