NGX: Investors Lose N267bn, As FTN Cocoa, Caverton Lead Gainers Table

NGX Records Mixed Sentiments; Learn Africa, RTBriscoe lead Losers’ chart

The market capitalisation of the Nigerian Exchange Ltd. (NGX) remained unchanged on Monday at N24.112 trillion, the same as Friday.

However, the All-Share Index (ASI) rose marginally by 0.25 points or 5.6 percent to close at 44,269.43 from 44.269.18 recorded on Friday.

Accordingly, the year-to-date (YTD) return was unchanged at 3.64 percent.

Royal Exchange led the gainers’ chart in percentage terms by 9.72 percent to close at 79k per share.

Cutix Plc followed with 6.83 percent to close at N2.19, while United Capital increased by 5.73 percent to close at N12 per share.

Linkage Assurance rose by 2.56 percent to close at 40k, while Trans-Nationwide Express gained 2.50 percent to close at 82k per share.

Conversely, Learn Africa dominated the losers’ chart in percentage terms with 9.52 percent to close at N1.52 per share.

RTBriscoe and Cornerstone Insurance followed with 9.09 percent each to close at 30k and 40k respectively.

FTNCocoa Processors declined by 8.82 percent to close at 31k, while CavertonOffshore Support Group fell by 8.05 percent to close at 80k.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 51.63 percent.

A total of 103.27 million shares valued at N2.14 billon were exchanged in 3,206 deals.

 

 

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