Equities trading on the Nigerian stock exchange started on a positive note on Monday as market indices recorded marginal gains to close at 1.73%.
The market capitalisation gained 1.73% or N31 billion to close at N18.211 trillion as against N17.901 trillion last Friday.
Similarly,the all share index appreciated by 1.73% or 592.7 basis points to close at 34,843.44 basis points ,higher than Friday’s 34,250.74 points.
Monday’s trading saw a total of 208.09 million shares worth N3.70 billion traded in 4,154 deals.
The market sentiment was also positive as it recorded 22 gainers relative to 12 losers at end of the day’s trading.
Dangote Cement led the gainers list with a gain of N5.00 to close at N188.00k ,followed by Guiness with a gain of 65k to close at ,N16.65k and Wampco with a gain of 45k to close at N21.00k.
On the flip side,International Brewery lost 71k to close at N6.47k,then UBN lost 30k to close at N5.15k and Cutix lost 18k to close at N1.72k.
Zenith bank was the toast of investors for the day with the highest volume of trade as it traded 36.63 million shares valued at N875.68 million followed by Guaranty bank with 17.365 million shares worth N572.73.
Suzan O
