TransExpress and UPDC REIT lead gains as Nigerian capital market dips slightly

The Nigerian capital market closed on Monday with a stock capitalization of 26.794 billion naira.

The figure was -0.01% or 2 billion naira lower than the 26.796 trillion naira released by the exchange on Monday.

Additionally, the All-Share Index fell 5.4 basis points to 49,676.75 from 49,682.15 after eight hours of trading on Monday.

Investors today traded 232.94 million shares worth N2.18 billion in 4,425 deals.

This tops the 193.51 million shares worth N4.64 billion which exchanged hands in 3,307 transactions last week.

TransExpress topped the list of winners with a 9.52% rise in share price from 0.63 kobo to 0.69 kobo per share.

UPDC REIT gained N0.30kobo to go from N3.25kobo to N3.55kobo per share.

Multiverse’s share value rose by N0.22kb to end trading at N2.62kb against N2.40kb per share.

Vitafoam gained N1.70kobo to close at N22 above its opening price of N20.30kobo per share.

READ ALSO: Investors Win N26.7 Billion as Japaul Gold and FCMB Support Nigerian Stock Exchange Growth

Courtville’s stock traded up 8.33% from 0.48 kobo to 0.52 kobo per share.

Caverton topped the losers table after losing N0.11kobo to drop from N1.15kobo1.15kobo to N11,044 per share.

John Holt’s share price fell 8.99% to end trading at 0.81 kobo from 0.89 kobo per share.

Japaul Gold lost 8.82% to end trading at N0.31kobo against N0.34kobo per share.

AIICO lost 3.64% to drop from N0.55kobo to N0.53kobo per share.

Nigerian Breweries’ share fell from N47.15kobo47.15kobo to N445.880kobo per share after losing N11.3535kobo during trading.

Jaiz Bank led the day’s trading with 40.42 million shares valued at N36.17 million.

Access Corporation sold 35.80 million shares worth N293.55 million.

FBN Holdings followed with 23.06 million shares worth N251.37 million

Mutual Benefit traded 19.93 million shares worth N6.05 million, while Zenith Bank traded 12.45 million worth N273.66 million.

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