The Nigerian equities market recorded gains on the first day of trading this week, after experiencing days of consecutive losses last week.
The all-share index rose by 0.38% or 170.23 percentage points to close at 44,662.96 points as against 44,492.73 recorded at the close of trading last week.
Also, the market capitalisation appreciated by N93billion to close the day’s trading at N24,326 trillion compared to the N24,233trillion last week.
At the end of the day’s trading, a total of 159.56 million shares worth N1.95 billion were traded in 3,607 deals with the market recording 26 gainers and 8 losers.
Top on the gainers’ list was Nigerian Breweries with 9.94% price appreciation and a closing price of N45.35k per share, followed by NEM Insurance Company with 9.87% price rise and a closing price of N4.12k then PZ Cussons Nigeria gained 8.72% to close at N9.35k per share.
On the other hand, Japaul Gold and Ventures lost 7.14% to close at N0.26k and was followed by Aiico Insurance with 5.36% loss and a closing price of N0.53k while AXA Mansard Insurance lost 5.08% to close at N1.68k.
Transcorp Nigeria had the highest volume of trade for the day at 35.2 million shares and was followed by Aiico Insurance with 29.9 million shares.
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