Trading on the Nigeria’s stock market kicked off the week with mixed results, as gains in some blue-chip stocks balanced out losses in others. By the end of Monday’s session, 415.04 million shares changed hands in 31,486 deals, with a market turnover of ₦26.96 billion.
This performance shows a 14 per cent drop in traded volume compared to Friday, October 17, but highlights a notable 62 per cent boost in turnover and a 38 per cent rise in the number of deals executed. The total market capitalization reached ₦95.2 trillion, reflecting steady investor confidence despite mixed feelings across major sectors.
The market breadth ended on a negative note, with 130 equities trading during the session. Out of these, 30 saw their prices rise, while 33 experienced a decline.
Top Gainers
Topping the list of gainers, Union Dicon Salt Plc climbed 10.00% to close at ₦8.80 from ₦8.00 per share. Eunisell Interlinked Plc followed with a 9.92% increase to ₦53.20, while Sovereign Trust Insurance Plc saw a 6.44% rise to ₦3.80. BUA Cement Plc grew by 6.25% to ₦170.00, and Vitreous Enamelware Plc advanced 6.01% to end at ₦45.00.
Top Losers
Conversely, Juli Plc led the losers’ table, shedding 9.94 per cent to ₦8.06 per share. Thomas Wyatt Plc followed, declining by 9.63 per cent to ₦2.72, while Lotus Halal Equity ETF 15 fell 9.42 per cent to ₦77.00.
FGN Sukuk 2032 Series 5 dipped by 8.83 per cent to ₦98.00, and Daar Communications Plc lost 7.14 per cent to close at ₦1.04.
Most Traded Stocks
In terms of volume and value, Fidelity Bank Plc dominated activity with 49.46 million shares valued at ₦982.65 million. Access Holdings Plc followed closely with 42.41 million shares worth ₦1.08 billion, while Chams Plc traded 20.23 million shares valued at ₦81.09 million.
Nigerian Breweries Plc saw trades totalling 17.91 million shares valued at ₦1.39 billion, and Japaul Gold & Ventures Plc moved 16.19 million shares worth ₦41.72 million.
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