Losses in UACN, 21 stocks drag market capitalisation by N26 billion | The Guardian Nigeria News - Nigeria and World News

At the close of transactions, market capitalisation of listed equities declined by 0.09 per cent to close at N29.517 trillion from N29.543 trillion it closed on Friday.

On the price movement chart, 22 stocks depreciated in price, while 17 constituted the gainers’ chart. SCOA Plc topped the losers’ chart, shedding 10 per cent to close at 90 kobo while, UACN followed with a drop of 9.95 per cent to close at N8.60 kobo per share. SUNU Assurance fell by 9.62 per cent to close at 47 kobo per share. Eterna fell by 9.56 per cent to close at N6.15 kobo, ABC Transport dipped by 8.11 per cent to close at 34 kobo per share.

UPDC declined by 5.61 per cent to close at N1.01 kobo. NEM insurance also depreciated by 4.47 per cent to close at N4.06 kobo. On the other hand, Mansard Insurance and Lasaco Assurance led the gainers’ chart, adding 10 per cent each to close at N2.09 and N1.21 kobo per share respectively. FTN Cocoa appreciated by 7.69 per cent to close at 28 kobo while CWG garnered 5.75 per cent to close at 92 kobo. Japaul Gold increased by 3.57 per cent to close at 29 kobo. AIICO improved by 3.45 per cent to close at 60 kobo.

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