NGX: Negative sentiments kick-starts trading week

NGX: Negative sentiments kick-starts trading week

Negative sentiments kick-started this week’s trading activities with the equities market ending Monday’s trading with a 0.

09 percent fall as investors sold off INTERNATIONA BREWERIES PLC which declined 4.

0% and ZENITH BANK PLC which declined 0.

6%.

The Market Capitalization lost 0.

09 percent or 20 billion Naira to close at N22,578 trillion Naira from N22,598 trillion Naira.

The All-Share Index also fell 0.

09 percent or 37.

35 basis points from 43,308.

29 basis points to 43,270.

94 basis points.

At the close of Monday’s trading, investors exchanged 213.

126 million units of shares valued at N2.

360 billion in 4,105 deals where only 14 stocks gained, relative to 21 losers.

FCMB GROUP PLC was the most traded stock by volume at 58.

45 million units, while GUARANTY TRUST HOLDING COMPANY PLC was the most traded stock by value at N309.

7 million.

AIICO INSURANCE PLC led the gainers, increasing 0.

06k or 8.

57 percent to close at 0.

76k per share from 0.

70k per share.

Next is LIVINGTRUST MORTGAGE BANK PLC, gaining 0.

07k or 7.

95 percent from 0.

88k per share to 0.

95k per share.

And VERITAS KAPITAL ASSURANCE PLC was third, gaining 0.

01k or 4.

76 percent from 0.

21k per share to 0.

22k per share.

Conversely, UPDC PLC topped the losers chart by falling from N1.

31k per share to N1.

18k per share by 0.

13k or 9.

92 percent.

Followed by UPDC REAL ESTATE INVESTMENT TRUST which fell 0.

50k or 9.

90 percent from N5.

05k per share to N4.

55k per share.

While CONSOLIDATED HALLMARK INSURANCE PLC declined from 0.

55k per share to 0.

51k per share by 0.

04k or 7.

27 percent.

Analysing by sectors, the Oil & Gas index fell 0.

6%, Consumer Goods index fell 0.

2%, and Banking index fell 0.

2% while the Insurance gained 0.

8% index and the Industrial Goods index closed flat.

Bilkisu Pai
NGX: Negative sentiments kick-starts trading week

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