NSE index down 0.65% as CI Leasing, Total, Medview lead losers

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Equities trading activities resumed the week on a negative note as the All-Share Index declined by 247.64 points or 0.65 per cent to close at 37,950.96 basis points.

The market capitalization also fell by N85bn or 0.65 per cent to close at N13.081 trillion fromN13.166trn recorded in previous trading session,

All sector indices also closed in negative territory except the NSE consumer goods index which emerged the day’s lone gainer, as a result of a 3.55 per cent increase in Dangote Flour.

Market breadth ended with 18 gainers against 27 losers topped by CI leasing which declined 9.26 per cent to close at 98 kobo per share. Total Nigeria and Medview trailed with a loss of 5 per cent each to close at N236.55 and N1.52 respectively, while May and Baker lost 4.84 per cent to close at N2.95 per share and Flourmills Nigeria shed 4.83 per cent to close at N27.60 per share.

On the flip side, Fidson topped the gainers list with an increase of 4.68 per cent to close at N3.13 per share. AG Leventis followed with an increase of 4.35 per cent to close at 72 kobo, Linkage Assurance trailed with a growth of 4 per cent to close at 78 kobo, Union Bank of Nigeria appreciated 3.99 per cent to close at N6 per share while Unity Bank gained 3.45 per cent to close at 60 kobo.

Access Bank emerged the day’s most traded stock with 169.7 million shares valued at N1.8 billion. It was followed by Guaranty Trust Bank with 26.2 million shares worth N1.03 billion, while FBN Holdings sold 17.8 million shares valued at N110.1 million.

Investors traded a total volume of 316.1 million units compared to 353.65 million shares traded in previous session, while value of shares traded in 4,113 deals closed at N4.2 billion, against N6.30 billion traded in 4,079 deals on Friday.

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