Zenith Bank, Geregu among active stocks as Nigeria’s capital market trades flat

The Nigerian capital market traded flat on Monday with the equity capitalization closing at N24.11 trillion at the close of the day’s business.

The bourse 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 N2.13billion in 3,206 deals on Monday.

This fell short of the 705.91 million shares worth N4.59 billion which exchanged hands in 3,472 deals the previous session.

Royal Exchange led the gainers’ list with a 9.72 percent rise in share price, moving from N0.72kobo to N0.79kobo per share.

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

United Capital’s share value was up by N0.65kobo to end trading with N12 from N11.35kobo per share.

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

READ ALSO: Stock roundup: Investors trade N15.510bn shares, Dangote, NAHCO gain big

TransExpress shares traded upward by 2.50 percent to rise from N0.80kobo to N0.82kobo per share.

Learn Africa topped the losers’ table after shedding N0.16kobo to drop from N1.68kobo to N1.52kobo per share.

RT Briscoe’s share price dropped by 9.09 percent to end trading at N0.30kobo from N0.33kobo per share.

Cornerstone lost 9.09 percent to end trading with N0.40kobo from N0.44kobo per share.

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

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

Zenith Bank led the day’s trading 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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