Gains on 46 stocks led to a 0.22 percent increase on key indices of the Nigerian Exchange Group Limited, NGX at the of transactions on Monday.
This was largely driven by profit-taking activities in the equities such as Academy Press, ABCTRANS, IKEJA Hotel, among others.
Investors witnessed an increase of of N71 billion on the market capitalisation, representing a 0.22% to close at N32,308 trillion compared to the N32.236 trillion recorded on Friday.
Consequently, the All-Share Index inched up by 132.13 basis points, representing a 0.22% increase to close at 59,335.88 as against the 59,203.75 points of the previous day.
Monday’s trading session ended 46 stocks on the gainers list relative to 23 stocks on the losers list.
Academy Press led the gainers’ chart with 10% gain on its share price alongside 5 other equities. ETERNA followed with a 9.78% gain while SKYAVN had a 9.73% gain on it share price.
On the flipside, Unity Bank led the decliners table with a 10% loss on its share price, followed by JAPAUL Gold with a 9.23% drop on its share price while VERITAS Kapital Assurance shares dropped by 8.70%.
