Trading activities on the stock market today closed on a bearish note as the market capitalisation went down by N227billion.
Transactions on the floor of the Stock Exchange on Monday, closed on a negative note as the All Share Index depreciated by 0.83% to settle at 49,950.32 points from the previous close of 50,370.25 points, bringing the year-to-date to 16.93%, the month-to-date to -0.83% and the week-to-date to -0.83% respectively.
Investors lost N227billion as market capitalisation depreciated by 0.83% to close at N26,936trillion from the previous close of N27,163trillion. An aggregate of 176.054million units of shares were traded in 4,965 deals valued at N2,271billion.
Market Breadth
The market breadth closed positive as 21 equities gained while 14 equities declined in their share prices.
Percentage Gainers
Caverton Plc led other gainers with 10% growth to close at N1.10 from the previous close of N1.
Courtville, Champion Brewery and Unity Bank Plc amongst other gainers also grew their share prices by 10%, 9.59% and 9.30% respectively.
Percentage Losers
BUA Cement Plc led other price decliners as it shed 9.96% off its share price to close at N62.40 from the previous close of N69.30.
MCnichols, Neimeth, Inernational Breweries Plc amongst other losers also shed their share prices by 9.89%, 9.68% and 6.54% respectively.
Volume Drivers
GTCO Plc traded about 21.371million units of its shares in 487 deals, valued at N426.795million.
Zenith Bank Plc traded about 20.446million units of its shares in 475 deals, valued at N429.283billion.
Access Corp Plc traded about 16.785million units of its shares in 176 deals, valued at N149.668million.
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August 1, 2022