Access Corp, FBN Holdings Top Trade, Stock Market Up N62.18 billion

The equity capitalisation of the Nigerian bourse increased by 0.21 per cent or N62.18 billion on Monday, 8 May, to close at N28.62 trillion, up from N28.56 trillion.

The All-Share Index gained 114.21 basis points to rise from 52,465.31 ASI to 52,579.52 ASI.

Investors traded 511.38 million shares on Monday, in 5,883 deals, worth N7.13 billion.

Last week Friday, investors had traded 482.59 million shares, worth N5.64 billion, in 5,298 deals.

Top five gainers  

• Multiverse’s share appreciated by N0.31kobo to rise from N3.10kobo to N3.41kobo per share.       
• Redstar Express grew by N0.24kobo, up from N2.41kobo to N2.65kobo per share.       
• CWG ended trading with N1.45kobo from N1.32kobo per share, rising by N0.13kobo.     
• McNichols gained 9.23 per cent to end trading at N0.71kobo, having opened with N0.65kobo per share.       
• International Breweries’ stock was up by N0.30kobo, closing at N4.70kobo from N4.40kobo per share.         

Top five losers 

• C&I Leasing depreciated by N0.39kobo, dwindling from N3.98kobo to N3.59kobo per share.          
• Transcorp also fell by N0.15kobo to end trading at N1.79kobo, after opening at N1.94kobo per share.          
• FTN Cocoa followed the same path, losing 6.90 per cent after trading hours, to sell at N0.27kobo from N0.29kobo per share.          
• Chams reported a decline of 6.45 per cent from the previous day’s share price of N0.31kobo to end trading at N0.29kobo per share.          
• Custodian share depreciated to N5.95kobo from N6.25kobo, after losing N0.30kobo during trading hours. 

Top five trading equities in the stock exchange 

• Access Corp reported 167.61 million shares, valued at N1.91 billion, were traded on its floor.        
• FBN Holdings recorded 91.29 million shares valued at N1.09 billion.         
• UBA saw investors trade 78.06 million of its shares valued at N623.44 million.         
• Transcorp recorded 29.55 million shares exchanged on its floor, worth N53.20 million.          
• Mansard reported 18.15 million shares, valued at N45.68 million, exchanged investors’ hands. 

Fakoyejo Olalekan

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