Trading on the Nigerian Stock Exchange (NGX) started the new week with a total of 967,772,938 shares exchanged in 121,784 deals, with a corresponding market value of N43.817 billion, news.ng reports.
According to data from the NGX, a 48% decline in volume was recorded, alongside a 58% decline in turnover, while the number of deals improved by 32%.
The current market capitalization of the NGX stands at N156.5 trillion (USD 114 billion).
Out of the 132 listed equities that participated in trading, the NGX recorded 39 gainers and 41 losers.
FTN Cocoa Processors led the gainers’ chart with a 10% share price increase to close at N6.05 per share, followed by Consolidated Hallmark Holdings, which gained 10% to close at N5.72 per share. CAP also recorded a 9.99% share price increase to close at N159.70 per share, while Dangote Sugar Refinery gained 9.97% to close at N67.65 per share.
Meanwhile, Nigerian Aviation Handling Co. topped the losers’ chart with a 22.87% decline in share price to close at N199.00 per share. This was followed by International Energy Insurance, which fell by 9.82% to close at N2.48 per share. UPDC also suffered a 9.18% loss to close at N4.45 per share, while Learn Africa saw its share price decline by 8.06% to close at N8.55 per share.
In terms of trading volume, Access Holdings recorded the highest with 183 million shares, followed by Aiico Insurance with 58.1 million shares traded. Fidelity Bank recorded 57.5 million shares, while Zenith Bank had 48.9 million shares traded on Monday.
