Stocks News

Stock market dips by 0.fifty three% as 24 stocks tumble some weight

The stock market on Monday closed on a bearish veil, occasioned by profit taking in 24 stocks.

The All Portion Index dipped by 0.fifty three% to end at 97,709.38 sides from the outdated end of 98,233.76 sides.

The Market Capitalisation closed at N55.265 trillion, down by 0.fifty three% from the outdated end of N55.562 trillion, thereby shedding N297 billion.

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An aggregate of 439 million devices of shares were traded in 8,607 deals, valued at N11 billion.

The Market Breadth closed negative as 19 equities emerged as gainers in opposition to 24 equities that declined of their allotment prices.

Share Gainers

THE INITIATES and TANTALIZER led other gainers with 8.70% boost every, closing at N2.50 and N0.50 from N2.30 and N0.46 respectively.

Sterling Monetary institution and Ikeja Resort among other gainers furthermore grew their allotment prices by 5.38% and 5.37% respectively.

Share Losers

SEPLAT led other brand decliners shedding 10.00% of its allotment brand to end at N2,962.30 from the outdated end of N3,291.40.

PZ, ETRANZACT and Unity Monetary institution dropped their allotment prices by 9.91%, 9.68% and eight.20% respectively.

Quantity Drivers

NOTORE traded about 74 million devices of its shares in 1 deal, valued at N4.65 billion.

ACCESSCORP traded about 43 million devices of its shares in 832 deals, valued at N749.9 million.

UBA traded about 37 million devices of its shares in 654 deals, valued at N903 million.

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