Fakoyejo Olalekan
After trading ended on Monday, stock market investors holding shares of John Holt and BUA Foods, amongst others recorded a combined gain of N262.52 billion.
The gain followed the 0.74 per cent increase in the Nigerian stock market capitalisation, which closed at N35.68 trillion, compared to Friday’s N35.42 trillion.
Join our WhatsApp ChannelThe All-Share Index jumped to 65,202.41 ASI, from 64,721.09 ASI, indicating a gain of 481.32 basis points.
Investors traded 231.59 million shares in 5,494 deals on Monday, valued at N3.99 billion, in contrast to the previous day’s 537.58 million shares, worth N9.39 billion, traded in 5,893 deals on Friday.
Top five gainers
- John Holt’s share appreciated by N0.14 kobo to rise from N1.45 kobo to N1.59 kobo per share.
- SCOA grew by N0.11 kobo, up from N1.17 kobo to N1.28 kobo per share.
- BUA Foods ended trading with N152.90 kobo from N139.90 kobo per share, rising by N13.
- Mansard gained N0.25 kobo to end trading at N3.90 kobo, having opened with N3.65 kobo per share.
- Livestock’s share was up by N0.12 kobo, closing at N1.88 kobo from N1.76 kobo per share.
Top five losers
- Tantalizer depreciated by 10 per cent, dwindling from N0.40 kobo to N0.36 kobo per share.
- Omatek declined by 9.09 per cent to end trading at N0.30 kobo, after opening at N0.33 kobo per share.
- Jaiz Bank followed the same path, losing 7.61 per cent after trading hours, to sell at N0.85 kobo from N0.92 kobo per share.
- Consolidated Hallmark Insurance reported a decline of 7.61 per cent from the previous day’s share price of N0.92 kobo to end trading at N0.85 kobo per share.
- Cornerstone’s share depreciated to N1.22 kobo from N1.30 kobo, after losing 6.15 per cent during trading hours.
Top five trading equities in the stock exchange
- Transcorp reported 36.83 million shares, valued at N159.31 million, were traded on its floor.
- Universal Insurance recorded 16.98 million shares valued at N3.61 million.
- GTCO saw investors trade 15.44 million shares valued at N563.44 million.
- Jaiz Bank recorded 14.46 million shares exchanged on its floor, worth N22.89 million.
- Consolidated Hallmark Insurance reported 12.75 million shares, valued at N10.69 million, exchanged investors’ hands.
