Nigerian Exchange opens trading with 0.05% loss

Toyin Ajadi

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The benchmark index of equities on the Nigerian Exchange (NGX) ended on a negative note on the first trading day of the week as the index shed 0.05% or 22.67 points to close at 43,230.34 points.


The market capitalization also depreciated at the end of trade to close at N22.56 trillion.


At the end of the day’s trading , a total of 293,429,620 shares worth N4.28 billion were traded in 4,239 deals.


One Hundred and three (103) equities participated in trading on Monday ending with 18 gainers and 16 losers.

Top on the gainers’ list was Livestock Feeds,  which appreciated by 0.29% to close at N2.19k. It was followed by Mutual Benefits Assurance, which gained N0.02k to close at N0.29k. Japaul Gold gained N0.02k to close at N0.44k per share.


On the other hand, Cutix led the losers’ list with a price depreciation of N2.60k to close at N3.00. It was followed by Veritas Kapital Assurance with  a loss of N0.02k to close at N0.21k and  FTN Cocoa Processors, which lost N0.03k to close at N0.41k.


First Bank Holdings recorded the highest volume of 101 million traded shares for the day, followed by Access Bank with 44.2 million shares.
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