Trading activities on the Nigerian equities market closed bullish on the first trading of the week to sustain the consecutive gains recorded on the market last week.
The market all- share index appreciated by 1.3% to close the day at 95,768.12 points, an increase of 1,230 points on the 94,538.12 points recorded at the close of trading last week.
Similarly, the market capitalisation rose by N673 billion to close at N52,408 trillion as against N51,735 trillion on Friday.
However, the market sentiment closed in the red as trading closed with 24 gainers relative to 47 losers while the day’s trading ended with a total of 721.8 million shares with market value of N14.4 billion traded in 15,757 deals.
Top on the gainers list on Monday was Sunu Assurances Nigeria with a 10% price gain and a closing price of N1.98k. It was followed by Dangote Cement with 9.99% gain and a closing price of N592.60k then Tripple Gee & Co gained 9.81% to close at N2.35k.
On the losing side, Flour Mills Nigeria lost 10% to close at N42.30k followed by Cadbury Nigeria with 10% loss and a closing price of N26.10k while Unversity Press also lost 10% to close at N3.60k.
At the end of the day’s trading, Transcorp Nigeria recorded the highest volume of 66.5 million traded shares and was followed by Veritas Kapital Assurance with 47 million traded shares.
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