The Nigerian inventory market, tracked by the All-Share Index, edged barely decrease on Monday, slipping by simply 17.19 factors to shut at 119,978.57.
This displays a marginal 0.01% slip from the earlier session’s shut of 119,995.76.
Regardless of the flat efficiency, buying and selling exercise surged as each day market quantity greater than doubled, from 625.3 million shares to 1.4 billion.
Market capitalization held regular at N75.9 trillion, matching the earlier session, with 25,172 offers executed throughout the board.
On the leaderboard of gainers, CWG and CAVERTON soared by 10.00% and 9.96%, respectively.
On the different finish, LEARNAFRCA and BERGER topped the losers’ chart, shedding 10.00% and 9.97%, respectively.
By way of market exercise, ROYALEX and OANDO recorded the very best volumes traded through the day.
Market abstract
- Present ASI: 119,978.57
- Earlier ASI: 119,995.76
- Day Change: +0.01%
- Yr-to-Date Efficiency: +16.57%
- Quantity Traded: 1.4 billion shares
- Market Cap: N75.96 trillion
High 5 gainers
- CWG: Up 10.00% to N12.65
- CAVERTON: Up 9.96% to N5.74
- NEIMETH: Up 9.93% to N6.53
- FTNCOCOA: Up 9.91% to N3.66
- MEYER: Up 9.84% to N10.05
High 5 losers
- LEARNAFRCA: Down 10.00% to N4.59
- JBERGER: Down 9.97% to N112.00
- CILEASING: Down 9.90% to N4.64
- THOMASWY: Down 9.62% to N1.88
- DAARCOMM: Down 8.20% to N0.56
Buying and selling quantity
Buying and selling exercise surged with each day market quantity greater than doubling from 625.3 million shares to 1.4 billion.
ROYALEX led the amount chart with a strong 502.2 million shares traded.
OANDO adopted with 371 million shares, whereas ACCESSCORP sustained its momentum, recording 328.3 million shares.
UACN and LIVINGTRUST rounded out the highest 5, posting 128.7 million and 112.1 million shares, respectively.
Buying and selling worth
- OANDO led the worth chart with a powerful N19.8 billion value of shares traded, adopted carefully by ACCESSCORP at N7.2 billion.
- UACN posted N4.4 billion in commerce worth, whereas NESTLE noticed a robust N1.6 billion.
- ZENITHBANK accomplished the highest 5 with transactions totaling N1.2 billion.
SWOOTs and FUGAZ efficiency
Among the many SWOOTs (Shares Value Over One Trillion Naira):
- BUA FOODS gained 2.23%, persevering with its upward trajectory.
- On the draw back, LAFARGE dipped 3%, whereas Nigerian Breweries shed 0.34%.
Within the FUGAZ banking group:
- ZENITHBANK misplaced 1.81%, GTCO slipped 1.52%, and FIRSTHOLDCO declined by 0.76%.
- UBA was the lone gainer, inching up by 0.14%.
Market outlook
Regardless of Monday’s slight dip, the All-Share Index seems to have established a foothold above the 119,000 mark, as buyers assess the following transfer in choose shares.
Wanting forward, continued shopping for curiosity—particularly in large-cap names—may push the index towards the 120,000 threshold, reinforcing optimism amongst market members.
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