Nigerian Exchange Limited

NGX Sheds N127 Billion as Market Opens in Red on Monday

The Nigerian Exchange Limited (NGX) returned to the red zone on Monday following a N137 billion gain recorded last week.

Investors traded 194,949,981 shares valued at N1.014 billion in 3,830 transactions during the trading hours of Monday.  The NGX All-Share Index dipped by 0.63 percent to 38,567.26 index points while market capitalisation of listed equities depreciated by N127 billion N20.094 trillion.

Conoil led top gainers with N2 or 9.83 percent to settle at N22.35 a share. N Nig. Flour Mills Plc and Skyway Aviation Handling Company Plc followed with 9.76 percent and 9.18 percent, respectively.

Top Gainers 

Symbols Last Close Current Change %Change
CONOIL N 20.35 N 22.35 2.00 9.83 %
NNFM N 6.15 N 6.75 0.60 9.76 %
SKYAVN N 3.16 N 3.45 0.29 9.18 %
ACADEMY N 0.38 N 0.41 0.03 7.89 %
SUNUASSUR N 0.45 N 0.47 0.02 4.44 %

Top Losers 

Symbols Last Close Current Change %Change
UPL N 1.43 N 1.29 -0.14 -9.79 %
LINKASSURE N 0.64 N 0.59 -0.05 -7.81 %
NPFMCRFBK N 1.88 N 1.80 -0.08 -4.26 %
VERITASKAP N 0.24 N 0.23 -0.01 -4.17 %
COURTVILLE N 0.25 N 0.24 -0.01 -4.00 %

Top Trades

Symbols Volume Value
WEMABANK 25769809.00 22328926.16
ELLAHLAKES 25025050.00 106356462.50
FIDELITYBK 16139738.00 38649382.17
CHIPLC 12464452.00 6807906.88
FCMB 9468378.00 29304396.07

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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