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Home Finance Stock market extends down trend by 0.21%

Stock market extends down trend by 0.21%

It became as soon as one more bearish session on the ground of the Nigerian inventory market on Monday as downtrend prolonged on profit taking by merchants.

The All Portion Index dropped by 0.21% to terminate at 97,626.27 parts from the outdated terminate of 97,829.02 parts.

The Market Capitalisation declined by 0.21% to terminate at N59.169 trillion from the outdated terminate of N59.292 trillion, thereby shedding N123 billion.

An aggregate of 671 million fashions of shares had been traded in 10,464 deals, valued at N10.6 billion.

The Market Breadth closed adverse as 29 equities emerged as gainers towards 30 equities that declined of their share prices.

Share Gainers

HALDANE MCCALL led other gainers with 10.00% boost to terminate at N5.61 from the outdated terminate of 5.10.

Sunu Assurance and NCR among other tag decliners additionally shed their share prices by 9.81% and 9.72% respectively.

Share Losers

In discovering Electronic Abilities led other tag decliners because it shed 9.84% of its share tag to terminate at N0.55 from the outdated terminate of N0.61.

DAAR COMMUNICATION and AUSTINLAZ among other tag decliners additionally shed their share prices by 9.68% and 9.40% respectively.

Volume Drivers

FBNH traded about 245 million fashions of its shares in 574 deals, valued at N6 billion.

MCCALL traded about 47 million fashions of its shares in 21 deals, valued at N325 million.

TANTALIZER traded about 35 million fashions of its shares in 36 deals, valued at N45.6 million.

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