Investors trade 295.69 million shares on Monday

The first trade of the week at the floor of the Nigerian Stock Exchange, NSE, ended on a bearish note as 295.69 million shares valued at N3.91 billion were traded by investors in 5,921 deals.

This was in contrast to the 364.74 million shares valued at N4.81 billion that exchanged hands in 5,850 deals at the close of transactions last Friday.

The market capitalisation of the listed entities closed on Monday at N11.873 trillion thus recording a loss of N24 billion or 0.2 percent as against last Friday’s closing figure of N11.897 trillion.

The All Share Index, ASI, also dipped by 74.77 points or 0.2 percent to close for the day at 37,267.96 basis points lower than the 37,342.73 basis points closing figure of last Friday.

The top five trades by volume chart on Monday was led by Zenith Bank with 60.53 million shares worth N1.33 billion.

Transcorp was second with 36.99 million shares valued at N61 million.

It was followed by GTB with 29.96 million shares valued at N761.83 million.
UBA was fourth with 28.71 million volume of shares valued at N221.08 million while Access Bank was last on the chart with 23.34 million shares worth N240.05 million.

Conoil led the top five gainers chart with an increase of N3.57k in its share price to close at N38.56k per share.

It was followed by Cadbury which gained N2.00 in its share price to close at N59.00 per share.
PZ occupied the third spot gaining N1.97k in its share price to close at N41.47k per share.

UACN was fourth with a share price gain of N1.00 to close at N66.00 per share while International Breweries was last on the chart with a gain of N0.80k in its share price to close at N22.20k per share.

However, Nestle topped the losers chart with a drop of N30.00 in its share price to close at N1,010.00 per share.

Guinness was second shedding N6.05k in its share price to close at N239.96k per share.

It was followed by MRS which lost N1.80k in its share price to close at N34.34k per share.

Champion Breweries was fourth with a loss of N0.84k per share to close at N16.15k per share while WAPCO was last on the chart with a share price loss of N0.50k to close at N98.50k per share.