Trading activities on the floor of the Nigerian Stock Exchange on Monday, 24th of December, 2018 closed in green as the All Share Index soared by 3.88% to close at 31,967.01 from the previous close of 30,773.64 points.
Market capitalisation grew by 3.88%, closing at N11.677 trillion from the previous close of N11.241 trillion, thereby gaining N436 billion.
Volume and Value of traded stocks grew by 269.45% and 41.69% to close at 715.04 million units and N5.19 billion respectively.
Market Breadth
The market breadth closed positive as 36 stocks gained against 5 stocks that lost
Percentage Gainers
Stanbic IBTC, Dangote Sugar and Diamond Bank and Nestle, with 10% growth led other gainers to close at N50.6, N15.4, N1.65 and N1617.1
Seplat, Forte Oil, CCNN, Unity Bank and UACN also grew 9.99%, 9.84%, 9.83%, 9.38% and 9.09% respectively among other gainers of the day.
Percentage Losers
Only five stocks declined in their share prices. These include Guinea Insurance, Tantalizer, John Holt, UCAP and WAPCO, shedding 8.00%, 4.76, 2.22, 2.08 and 0.79% respectively
Volume Drivers
NEM Insurance traded about 508.7 million units of its shares in 62 deals, valued at about N1.5 billion.