• Business - Market Data
  • Updated: May 11, 2021

Unity Bank Plunges While Investors Gain N59.41bn

Unity Bank Plunges While Investors Gain N59.41bn

Investors gained a total of N59.41bn in the Nigerian stock market on Monday as the All-Share Index inched higher by 0.29% to 39312.74 index points.

After the stock market closed with 4,867 deals, valued at N3.28bn, the Nigerian Stock Exchange now has a market capitalization of N20.49trn. Its Year-to-Date (YTD) returns currently stand at -2.38 percent.

The banking index extended its gains by 2.89 percent to 364.50 as high trading activity and turnovers were seen in the banking sector. e-Tranzact International Plchowever, was today's top trade with a staggering 72million units traded, valued at N162.4 million, trailed by Zenith Bank Plc with 44 million units valued at N1 billion. Market turnover soared 35.68 percent higher as opposed to its previous decline of 40.79 percent.

READ ALSO: NGX Hosts Transcorp Hotels Plc to Virtual Facts Behind the Figures

Top 5 Gainers

Regency Assurance Plc led 28 gainers on Monday, extending gains by 9.68 percent, or 3kobo, to close trading at a new one-month high of 34kobo per share.

Associated Bus Company was tied on the top spot, ending a flat trading streak with a 9.68 percent gain worth 3kobo to close at 34kobo per share.

Union Bank Plc extended gains with a 9.26 percent surge worth 50kobo to close trading at N5.9 per share.

Linkage Assurance Plc continued its winning streak with an 8.7 percent gain worth 6kobo to close trading at 75kobo per share.

Mutual Benefits Assurance Plc jumped 8.11 percent or 3kobo, to close trading at 40kobo per share.

Top 5 Decliners

Unity Bank Plc led 15 losers on Monday, extending its losses with an 8.33 percent (or 5kobo) dip, to close trading at 55kobo per share.

Japaul Gold & Ventures Plc's run weakened further as it dropped 6.67 percent, or 4kobo, to close trading at 56kobo per share.

Neimeth International Pharmaceuticals Plc nosedived 6.04 percent, or 11kobo, to close at a new one-month low of N1.71 per share.

Flour Mills Nig Plc ended its extensive flat trading streak with a 4.84 percent dip worth N1.5 to close trading at N29.5 per share.

Chams Plc dipped 4.55 percent, or 1kobo, to close trading at 21 kobo per share.


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