The first trading day of the week on the Nigerian Stock Exchange (NGX) saw a total of 569,086,165 shares exchanged in 77,560 deals, with a market turnover of N31.4 billion, News.ng reports.
According to market data, performance indicators were relatively down, except for the number of deals, which improved by 56% compared to last week. Trading volume also declined by 51%, while turnover decreased by 34%.
The current market capitalization of the NGX stood at N156.1 trillion, equivalent to approximately USD115 billion.
Out of the 133 companies listed for trading on Monday, 20 emerged as gainers, while 47 recorded losses.
Among the gainers was Royal Exchange, whose share price increased by 10% to close at N1.65 per share. Ikeja Hotel followed with a 9.97% gain, closing at N47.45 per share.
Others included Neimeth International Pharma, whose share price appreciated by 9.94% to close at N9.40 per share, while University Press gained 9.09% to close at N6.00 per share.
On the losers’ chart, International Energy Insurance recorded a steep decline of 9.99%, closing at N6.40 per share. E-Transact International saw its share price depreciate by 9.97% to close at N14.90 per share, while Abbey Mortgage Bank recorded a 9.65% loss, closing at N10.30 per share.
Sterling Bank recorded the highest trading volume, with 103 million shares exchanged. It was followed by Guaranty Trust Holding Company (GTCO) with 41.3 million shares traded, FCMB Group with 37.9 million shares traded, and Access Holdings with 27.2 million shares traded.
