Zenith Bank and Geregu among active stocks as Nigerian capital market trades flat


The Nigerian capital market traded flat on Monday, with equity capitalization closing at 24.11 trillion naira at the close of the day.

The stock market held the same value on Friday.

As expected, the All-Share index followed the same path after closing at 44,269.43 ASI, slightly above the 44,269.18 reported four days ago.

Investors traded 103.26 million shares valued at 2.13 billion naira on Monday in 3,206 transactions.

This is lower than the 705.91 million shares worth 4.59 billion naira that exchanged hands in 3,472 trades the previous session.

Royal Exchange topped the list of winners with a 9.72% rise in share price from 0.72 kobo to 0.79 kobo per share.

Cutix gained N0.14kobo to go from N2.05 to N2.19kobo per share.

United Capital share value rose by N0.65kobo to end trading with N12 from N11.35kobo per share.

Linkage Assurance gained 2.56% to close at N0.40kobo, above its opening price of N0.39kobo per share.

READ ALSO: Stock roundup: Investors trade N15.510 billion shares, Dangote and NAHCO earn big

Shares of TransExpress traded up 2.50% from 0.80 kobo to 0.82 kobo per share.

Learn Africa leads the losers chart after losing 0.16 kobo from 1.68 kobo to 1.52 kobo per share.

RT Briscoe’s share price fell 9.09% to end trading at 0.30 kobo from 0.33 kobo per share.

Cornerstone lost 9.09% to end trading at N0.40kobo to N0.44kobo per share.

FTN Cocoa lost 8.82% from N0.34kobo to N0.31kobo per share.

Caverton’s share fell from N0.87kobo to N0.80kobo per share after losing 8.05% during trading.

Zenith Bank led the trading day with 15.12 million shares valued at N301.36 million.

Geregu traded 11.09 million shares worth N1.2 billion

GTCO sold 8.87 million shares worth N156.01 million.

FBN Holdings followed with 7.38 million shares valued at N73.69 million, while Access Corp traded 5.75 million shares valued at N46.63 billion.

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