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NSE: Profit-taking drags market down as CCNN, UACN, GSK lead losers

downward graph

Profit-taking in some blue-chip stocks precipitated a fall in market capitalisation today as the Nigerian bourse opened the week on a bearish note. The market capitalisation closed at N13.027 trillion while the All Share Index dipped by 0.04% to close Monday session at 12,990.59 basis points. The index is down by 14.13.

TOP GAINERS

Unilever led advancers today, rising by 9.94% to close at N17.7. International Breweries added 6.38% to close at N10. Dangote Cement grew marginally by 0.14% to N143. Mansard climbed by 5.88% to end the day at N1.8. Sterling Bank completed the pack, adding 4.06% at the end of Monday trade session.

TOP LOSERS

CCNN topped the losers’ table, losing 5% to close at N19. UACN plunged to N7.3 with 8.75% loss in value. GSK shed 4% to end the day at N6. GTB went down by 0.49% to close at N30.3. FCMB depreciated by 5.47% to close at N1.90.

TOP TRADES

FCMB was the most active trade today, trading shares 97.772 million shares worth N186.016 million in 166 deals. Zenith Bank traded 21.779 million priced at N406.839 million in 388 deals. 15.193 million shares of FBN Holdings estimated at N102.829 million exchanged hands in 191 deals. Nigerian Breweries had 12.046 million shares worth N614.939 million traded in 75 deals. UBA traded 11.970 million shares worth N84.141 million in 185 deals.

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

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