Equities trading begins new week with 0.03% gain

Transactions on the Nigerian equities market closed in the positive territory on the first trading day of the week with the all-share index rising by 0.03% or 15.16 basis points to close at 59,014.85 compared with 59,000.96 points on Friday last week.
In the same vein, the market capitalisation also appreciated by N7 billion to close the day at N32,133 trillion as against N32,126 trillion as of the close of trading last week.
Monday’s trading saw a total of 892 million shares valued at N11.15 billion traded in 9,274 deals.
The market sentiment also closed in the positive as it recorded 44 gainers relative to 23 losers at the close of trade.
Top on the gainers list for the day was Tantalizers with a 10% price gain and a closing price of N0.22k. It was followed by Universal Insurance Company also with 10% appreciation and a closing price of N0.22k and Unity Bank gained 9.8% to close at N1.12k.
Conversely, Ellah Lakes lost 10% to close at N3.24k followed by John Holt with 9.57% to close at N1.04k then Academy Press lost 9.55% to close at N1.80k.
Jaiz Bank had the highest volume of 140 million traded shares and was followed by Sterling Bank with 106 million shares.

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