John Okoh, Lagos
Trading on the floor of Nigerian Stock Exchange (NSE) on Monday witnessed another setback, just as like last week Friday as the All Share Index (NSE ASI) and the Market Capitalization decreased by 1.05 percent, while the Year-to-Date return stood at 21.94 percent.
The All Share Index closed at 32,769.80 against the previous close of 33,117.48 while Market capitalization closed at ₦11.332 trillion against previous close of ₦11.452 trillion.
Volume traded decreased by 53.06 percent from 345.860 million to 162.354 million, while the total value of stock traded decreased by 54.70 percent from ₦3.348 billion to ₦1.517 billion in 3,488 deals.
The Financial Services sector led the activity chart with 128.84 million shares exchanged for ₦0.847 billion. Conglomerates came next with 11.844 million shares traded for ₦0.021 billion, Consumer Goods, Oil And Gas, Industrial Goods sectors followed in that order on the activity chart.
Access, Fidelity Bank, United Bank for Africa, Transcorp and Zenith Bank were the most active stocks by volume. Hony flour, Pz Cusson, Livestock Feeds, Cutix Plc and Skye Bank emerged the highest price gainers on the chart, while May & Baker, 7Up Plc, Unity Bank, Berger and Total topped the loser’s chart.
