Nigerian Stock Market Trades Flat, Sunu Leads Gainers, NCR Tops Losers

Stock Market Cap Hits N28.68 trillion, Geregu, Others Record Growth

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The market capitalisation of the Nigerian bourse rose by 0.11 per cent or N34.32 billion on Monday to close at N28.68 trillion, against the previous trading session’s N28.64 trillion.

It followed the path of the All-Share Index which climbed to 52,657.69 after adding 63.01 basis points to the 52,594.68 ASI reported on Friday. 

Over 143.73 million shares were exchanged in 4,078 deals on Monday valued at N1.77 billion. 

It was in contrast to the 443.75 million shares, worth N1.68 billion, that were traded on Friday in 3,100 deals. 

Top five gainers 

  • John Holt share appreciated by 9.38 per cent to rise from N0.96kobo to N1.05 per share
  • Secure Electronic Technology grew by 9.09 per cent, up from N0.22kobo to N0.24kobo per share
  • Chams ended trading with N0.28kobo from N0.26kobo per share, rising by 7.69 per cent.
  • Geregu gained N9.60kobo to end trading at N148.40kobo, having opened with N138.80kobo per share.
  • Associated Bus Transport stock was up by 6.90 per cent, closing with N0.31kobo from N0.29kobo per share 
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Top five losers 

  • Cornerstone depreciated by 10 per cent, dwindling from N0.60kobo to N0.54kobo per share.
  • CWG also fell by N0.10kobo to end trading at N0.94kobo, after opening with N1.04 per share.
  • Japaul Gold followed the same path, losing 6.67 per cent after trading hours, to sell at N0.28kobo from N0.30kobo per share.
  • Unity Bank reported a decline of 5.17 per cent from the previous day’s share price of N0.58kobo to end trading at N0.55kobo per share.
  • Courtville share depreciated to N0.48kobo from N0.50kobo, after losing 4 per cent during trading hours. 

Top five trading equities in stock exchange

  • FBN Holdings reported 19.65 million shares valued at N229.71 million were traded on its floor  
  • Chams recorded 11.21 million shares valued at N3.10 million
  • GTCO saw investors trade 10.99 million of its shares valued at N264.99 million
  • Transcorp recorded 10.57 million shares exchanged on its floor, worth N12.81 million
  • Sterling Bank reported 10.20 million shares valued at N15.93 million exchanged investors’ hands
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