Nigerian Exchange Limited
Stock Market Opens in Red on Monday
Nigerian Exchange Limited (NGX) opened the week in the red despite posting N596 billion or 2.09% profit last week on the back of renewed interest in stocks listed on the mainboard of the Exchange.
Investors exchanged 27,564,562,311 shares worth N194.356 billion in 4,586 deals during the trading hours of Monday. Largely bolstered by unusual activity in Union Bank of Nigeria as 27.337 billion shares of the bank valued at N191.359 billion were exchanged on Monday.
The market value of all listed equities declined by N169 billion from N29.158 trillion it closed on Friday to N28.989 trillion on Monday. While NGX All-Share Index depreciated by 0.58% to 53,772.14 index points on Monday from 52,979.96 index points it settled on Friday. See the details of top gainers and losers below.
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| TRANSEXPR | N 0.71 | N 0.78 | 0.07 | 9.86 % |
| NPFMCRFBK | N 1.64 | N 1.80 | 0.16 | 9.76 % |
| UACN | N 10.50 | N 11.50 | 1.00 | 9.52 % |
| JAIZBANK | N 0.78 | N 0.85 | 0.07 | 8.97 % |
| LIVESTOCK | N 1.50 | N 1.60 | 0.10 | 6.67 % |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| PRESCO | N 180.00 | N 162.00 | -18.00 | -10.00 % |
| UPL | N 2.85 | N 2.60 | -0.25 | -8.77 % |
| FTNCOCOA | N 0.35 | N 0.32 | -0.03 | -8.57 % |
| MAYBAKER | N 4.34 | N 4.01 | -0.33 | -7.60 % |
| WEMABANK | N 3.65 | N 3.40 | -0.25 | -6.85 % |
Top Trades
| Symbols | Volume | Value |
|---|---|---|
| UBN | 27337068326.00 | 191359391586.20 |
| TRANSCORP | 70067271.00 | 85101591.25 |
| ACCESSCORP | 21248852.00 | 212351006.15 |
| JAIZBANK | 16266479.00 | 13625371.37 |
| STERLNBANK | 10535136.00 | 15871906.75 |