Trading activities on the floor of the Nigerian Stock Exchange on Monday closed on a positive note as the All Share Index rose by 1.38% to close at 27,339.68 points away from the previous close of 26,968.79 points on Friday.
Investors gained N179 billion as Market capitalisation grew by 1.37%, closing at N13.199 trillion away from the previous close of N13.020 trillion on Friday.
Volume of traded stocks closed at 520.43 million units, down by 14.52% away from the previous close of 608.86 million units.
The value of traded stocks grew by 42.26%, closing at N5.35 billion from the previous close of N3.76 billion.
Total number of deals at the close of trade was 5,784, down by 4.73% against the previous close 6,071 deals on Friday.
Market Breadth
The market Breadth closed positive as 30 stocks gained while 13 stocks declined in their share prices.
Percentage Gainers
FCMB led the gainers chart with 10% growth to close at N2.09 from the previous close of N1.90.
Cornerstone Insurance, Unity Bank, Wema Bank, Courtville and LASACO among others also grew their share prices by 9.43%, 8.96%, 8.82%, 8.33% and 8.00% respectively.
Percentage Losers
PZ led 12 other price decliners, shedding 9.73% of its share price to close at N5.10 from the previous close of N5.25. Niger Insurance and Union Diagnostics among other price decliners also shed 9.09% of their share prices respectively.
Volume Drivers
- Zenith Bank traded about 97.1 million units of its shares in 1011 deals, valued at about N1.9 billion.
- Universal Insurance traded about 70 million units of its shares in only 1 deal, valued at N14 million.