Equities cap appreciates by N52 billion

Chiamaka Okechukwu

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Gains in the share prices of Eterna, Transcorp, FCMB and 29 other stock led to a bullish close at the Nigeria Exchange Group Limited on Monday.

Investors raked in N52 billion on market capitalization which appreciated by 0.08 percent to close at N66.769 trillion higher than the previous day’s N67.717 trillion.

Consequently, the All-Share Index of listed equities inched up by 83.31 basis points, representing a 0.08 percent increase to close at 106p, 621.91 basis points on Monday compared to the 106,538.60 basis points recorded on Friday.

Monday’s trading session ended with a total of 364, 968, 997 units of shares that exchanged hands in 14,565 deals.

Also a total of 32 equities made it to the gainer’s list with 27 loser’s.

Top gainers for the day were Eterna, Transcorp, FCMB, Afriprud among others with a 9.96 percent, 9.91 percent, 9.89 percent and 9.85 percent increase on their respective share prices to close at N37.55k, N51.55k, N10.00 and N36.25k.

On the flipside, Cadbury, Cornerst, Honyflour and Omatek among others led the decliners table with an 8 percent, 7.89 percent, 7.06 percent and 6.58 percent drop on their respective share prices to close at N23.00, N2.92k, N12.50k and N0.71k.

 

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