Shareholders at the Nigerian stock market suffered a loss on Monday following the crash in equity capitalisation at the end of the day’s trading.
Naija News learned that investors lost ₦16.56 billion due to the crash in equity capitalisation by 0.06 percent after eight hours of business.
Consequently, the equity capitalisation dropped from ₦25.48 trillion to ₦25.46 trillion, while the All-Share Index was down by 30.74 basis points to close at 47, 251.93 compared to 47,282.67 achieved last week.
Investors traded 213.56 million shares valued at ₦2.67 billion in 4,485 deals on Monday.
This fell short of the 599.50 million shares worth ₦3.83 billion that exchanged hands in 4,113 deals last Friday.
Gainers’ Chart
Guinness led the gainers’ chart after netting ₦6.50kobo to close at ₦71.50kobo from ₦65 per share.
Royal Exchange share price was up by 8.33 percent to rise from ₦1.20kobo per share to ₦1.30kobo.
Mutual Benefit share rose by 8 percent to move from N0.25kobo to N0.27kobo per share.
LASACO’s share appreciated by 6 percent to move from ₦1 to ₦1.06 per share.
Livestock gained 5.62 percent to end trading with ₦1.69kobo from ₦1.60kobo per share.
Losers’ Chart
RT Briscoe topped the losers’ chart, shedding 10 percent to drop from N0.80kobo to N0.72kobo per share.
Berger’s share dropped by N0.80kobo to end trading at ₦7.50kobo from ₦8.30kobo per share, while Ikeja Hotel’s share depreciated from ₦1.35kobo to ₦1.25kobo per share after losing N0.12kobo during trading.
Champion lost 8 percent to end trading with ₦2.05 from ₦2.23kobo per share and UPDC completed the list after shedding 8 percent from its market price to drop from ₦1 to N0.92kobo per share.
Top Traders
Access Bank led the day’s trading with 27.18 million shares valued at ₦265.42 million.
Zenith Bank followed with 19.92 million shares valued at ₦534.67 million.
UBA traded 18.73 million shares worth ₦145.04 million.
GTCO sold 18.40 million shares worth ₦482.36 million, while Transcorp traded 15.11 million valued at ₦17.06 million.
