The Nigerian stock market on Monday extended the bullish trend as the All Share Index grew by 0.69% to close at 55,328.42 points from the previous close of 54,949.21 points.
The Market Capitalisation appreciated by 0.69% to close at N30.140 trillion from the previous close of N29.934 trillion, thereby adding N206 billion.
An aggregate of 149.8 million units of shares were traded in 3,186 deals, valued at N1.5 billion.
The Market Breadth closed positive as 28 equities emerged as gainers against 9 equities that declined in their share prices.
Percentage Gainers
OANDO, STANBIC, and C & I Leasing led other gainers with 10.00% growth each to close at N4.40, N37.95 and N3.63 from the previous close of N4.00, N34.50 and N3.30 respectively
Conoil, MRS and THE INITAITES among other gainers also grew their share prices by 9.98%, 9.66% and 9.09% respectively.
Percentage Losers
FTN Cocoa led other price decliners as it shed 6.90% of its share price to close at N0.27 from the previous close of N0.29.
UPDC and JAPAULGOLD among other price decliners also shed their share prices by 4.00% and 3.45% respectively.
Volume Drivers
OANDO traded about 14 million units of its shares in 160 deals, valued at N62.6 million.
TRANSCORP traded about 11.7 million units of its shares in 94 deals, valued at N14.7 million.
Fidelity Bank traded about 10.7 million units of its shares in 106 deals, valued at N53.7 million.