The Nigerian stock market on Monday closed on a positive note as the All Share Index appreciated by 0.14% to close at 43,260.13 points from the previous close of 43,199.27 points.
Investors gained N32bn as the Market Capitalisation grew by 0.14% to close at N22.576 trillion from the previous close of N22.544 trillion.
An aggregate of 2.4 billion units of shares were traded in 4,811 deals, valued at N16.467 billion.
The Market Breadth closed positive as 18 equities emerged as gainers against 16 equities that declined in their share prices.
Percentage Gainers
Honeywell Flour led other gainers with 9.73% growth, closing at N3.72 from the previous close of N3.39.
NEM Insurance, FBNH and Oando among other gainers also grew there share prices by 7.89%. 6.49% and 5.97% respectively.
Percentage Losers
The Initiate Plc led other price decliners as it shed 9.76% of its share price to close at N0.37 from the previous close of N0.41.
UPDC and FTN Cocoa among other price decliners also shed 9.74% and 9.09% of their share prices respectively.
Volume Drivers
Mutual Benefit Assurance traded about 133.98 million units of its shares in 62 deals, valued at N32.59 million.
FBNH traded about 88.66 million units of its shares in 349 deals, valued at N1.077 billion.
GTCO traded about 43.15 million units of its shares in 443 deals, valued at N1.104 billion.