Stock Market Falls To N26.794 trillion, On Losses In Caverton, Nigerian Breweries

August 29, 2022
NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Nigerian stock market fell slightly by -0.01% on Monday, dragging the market capitalisation down to N26.794 trillion, having closed previous trading with N26.796 trillion.

It trailed the All-Share Index, which dropped from 49,682.15 ASI to 49,676.75, after losing 5.4 basis points.

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Investors traded N2.18 billion for 232.94 million shares in 4,425 deals on Monday, against the 193.51 million shares, worth N4.64 billion, that were exchanged in 3,307 deals on Friday.

Top five gainers

  • TransExpress share appreciated by 9.52 percent to rise from N0.63kobo to N0.69kobo per.
  • UPDC REIT stock grew N0.30kobo, up from N3.25kobo to N3.55kobo per share.
  • Multiverse ended trading with N2.62kobo from N2.40kobo per share, rising by N0.22kobo.
  • Vitafoam gained N1.70kobo to end trading at N22, having opened with N20.30kobo.
  • Courtville stock was up by 8.33 percent, closing with N0.52kobo, from N0.48kobo per share.

Top five losers

  • Caverton depreciated by N0.11kobo, dwindling from N1.15kobo to N1.04 per share.
  • John Holt also fell by 8.99 percent to end trading at N0.81kobo, after opening with N0.89kobo per share.
  • Japaul Gold followed the same path, losing 8.82 percent after trading hours, to sell at N0.31kobo from N0.34kobo per share.
  • AIICO reported a decline of 3.64 percent from previous day’s share price of N0.53kobo to end trading at N0.55kobo per share.
  • Nigerian Breweries share depreciated to N45.80kobo from N47.15kobo, after losing N1.35kobo during trading hours.

Top five trading equities

  • Jaiz Bank reported 40.42 million shares valued at N36.17 million were traded on its floor.
  • Access Corp recorded 35.80 million shares valued at N293.55 million.
  • FBN Holdings saw investors trade 23.06 million of its shares valued at N251.37 million
  • Mutual Benefit recorded 19.93 million shares exchanged on its floor, worth N6.05 million
  • Zenith Bank reported 12.45 million valued at N273.66 million, exchanged investors hands 
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