Nigerian stocks cross N20 trillion mark but liquidity stays subdued

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Market breadth was positive, with 24 losers emerging, compared to 16 gainers.

Royal Exchange was the worst-performing stock, declining by 9.88 per cent to close at N0.73. Consolidated Hallmark fell to N0.66, losing 9.59 per cent. Neimeth dipped to N1.72, recording 8.51 per cent depreciation. Mutual Benefits shed 8.33 per cent to close at N0.44. UACN closed at N0.45, going down by 8.16 per cent.In all, 201.857 million shares estimated at N2.120 billion were traded in 3,827 deals.

Veritas Kapital was the most active stock with 29.780 million units of its shares worth N5.956 million traded in 18 deals. Fidelity Bank transacted 24.471 shares priced at N54.169 million in 113 trades. Zenith traded 20.927 million shares estimated at N481.178 million in 317 transactions. Access traded 15.401 million shares valued at N126.369 million in 224 deals. FBN Holdings had 10.132 million shares valued at N72.342 million traded in 151 deals.

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