Transactions on the Nigerian equities market commenced on a bullish trend on Monday as the all-share index increased by 0.19 percent to close at 97,706.70 points.
In like manner, the market capitalisation rose by N107 billion to close at N56,145 trillion as against N56,038 trillion at the close of trading on Friday.
The market sentiment also closed in green with 27 gainers relative to 25 decliners.
Top among the gainers for the day were Fidelity Bank with 10 percent price gain with a closing price of N14.30k, followed by Livestock Feeds with 9.76% gain and a closing price of N3.60k then Associated Bus Compaby,( ABC) Transport also gained 9.76% to close at N1.35k.
On the decliners side, Tripple Gee and Co lost 54.73% to close at N2.25k per share,followed by Regency Alliance Insurance with 39.02% loss and a closing price of 50k while SCOA Nigeria lost 10% to close at N1.71k.
United Bank for Africa was the toast of investors on Monday ,as it recorded the highest volume of 38.1 million shares followed by Acess Holdings with 23.4 million traded shares.
In all, a total of 308.714 million shares worth N5.5 billion were traded in 10,420 deals on Monday.
Hauwa Abu
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