The Nigeria Exchange Group Limited, NGX equities market started this week’s trading session positive with renewed bargain hunting, reversing a negative trend that persisted in market last week.
Equities key index -the All-Share Index appreciated by 0.14 percent at the end of business on Monday, representing a 64.9 basis points to close at 44,461.63 higher than Friday’s 44,396.73.
Similarly, investors gained N35 billion on market capitalisation, to close at N24.217 trillion as against the N24.181 trillion recorded on Friday.
The transactions ended with a total volume of 72.327 million units of shares that exchanged hands in 2,887 deals.
The market sentiment when measured by market breadth was however negative with 8 gainers and 18 losers.
Redstar Express led the gainers chart with a 8.22 percent gain on its share price to close at N2.37k followed by the Beta Glas Plc with 5.90 percent gain on its share price to close at N43.95k. Then Wapic Insurance had a 5.88 percent price gain to close at N0.36k.
On the losers chart, Unilever Nigeria recorded a 10 percent loss on its share price to close at N10.80k followed by NEM which had 9.50 percent to close at N4.00 and LASACO lost 4.60 percent to close at N0.83k.
