Stock Market

Nigerian Stock Exchange Sheds N39 Billion on Monday

Nigerian Stock Exchange Sheds N39 Billion on Monday

The Nigerian Stock Exchange opened the week in the red despite strong optimism.

Investors traded 738.525 million shares valued at N4.173 billion in 7,396 deals during the trading hours of Monday.

While market capitalisation of listed equities declined by 0.23 percent or N39 billion from N21.53 trillion recorded on Friday to settle at N21.491 trillion on Monday.

The NSE All-Share Index dipped by 93.76 index points from 41,176.14 it closed on Friday to 41,082.38 index points on Monday.

Japaul Gold led the most traded stocks with 92,361,027 shares worth N145,792,642.99 as investors continued to jump the company ahead of its mine deal with H&H Mines Limited. See the details below.

Top Trades in the Nigerian Stock Exchange

Symbols Volume Value
JAPAULGOLD 92,361,027 N145,792,642.99
UNIVINSURE 51,788,957 N10,406,751.46
TRANSCORP 43,145,307 N46,165,478.49
FBNH 39,767,470 N298,246,718.35
MANSARD 38,198,945 N63,881,964.03

Top Gainers in The Nigerian Stock Exchange

Symbols Last Close Current Change %Change
BOCGAS N12.52 N13.77 1.25 9.98%
CADBURY N9.5 N10.45 0.95 10.00%
GUARANTY N33.05 N33.65 0.6 1.82%
LIVESTOCK N2.11 N2.32 0.21 9.95%
WAPCO N23.8 N24 0.2 0.84%

Top Losers in the Nigerian Stock Exchange

Symbols Last Close Current Change %Change
DANGCEM N237 N234.6 -2.4 -1.01%
FLOURMILL N32.8 N31 -1.8 -5.49%
GUINNESS N19 N18.5 -0.5 -2.63%
FBNH N7.6 N7.3 -0.3 -3.95%
NASCON N17.55 N17.25 -0.3 -1.71%

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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