Transactions on the Nigerian equities market closed in the positive terrain at the end of the first trading day this week, which saw the all-share index rise by 0.56 per cent to close at 105,551.39 points.
Similarly, the market capitalisation appreciated by N369 billion to close at N66,188 trillion on Monday.
The day’s trading saw a total of 440,519,513 shares valued at N10.47 billion traded in 13,314 deals, wherein the market sentiment also closed in green with 25 gainers and 22 losers.
Royal Exchange led the gainers with a 10% price gain to close at N0.88k per share and was followed by Livestock Feeds with a 9.87% price gain with a closing price of N9.24k, while Abbey Mortgage Bank gained 9.72% to close at N3.95k.
On the other hand, Africa Prudential lost 54.64% to close at N15.30k. It was followed by NEM Insurance Company with a price depreciation of 9.63% and a closing price of N12.20k, then United Capital lost 9.29% to close at N16.60k per share.
The banking sector dominated trading on Monday, with Zenith Bank recording the highest volume of 575.1 million shares, followed by FCMB Group with 49.6 million shares and United Bank for Africa with 47.4 million shares.
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