The Nigerian equity market on Monday bounced back from 0.14% decline on Friday as the All Share Index grew by 0.79% to settle at 109,884.92points from the previous close of 109,028.62 points.
Investors gained 540 billion as the Market Capitalisation was up by 0.79% to close at N69.292 trillion from the previous close of N68.752 trillion.
An aggregate of 414.5 million units of shares were traded in 19,775 deals, valued at N11 billion.
The Market Breadth closed positive as 33 equities appreciated in their share prices against 31 equities that declined in their share prices.
Percentage Gainers
ARADEL led the gainers with 10.00% growth to close at N505.90 from the previous close of N460.00.
University Press, ABC Transport and Linkage Assurance among other gainers also grew their share prices by 9.86%, 8.43% and 8.16% respectively.
Percentage Losers
TRIPPLEG led price decliners’ table as it sheds 10.00% of its share price to close at N2.07 from the previous close of N2.30.
MRS, CHELLARAM and UHOMREIT among other price decliners also shed their share prices by 9.97%, 9.96% and 9.97% respectively.
Volume Drivers
Fidelity Bank traded about 47 million units of its shares in 873 deals, valued at about N855 million.
CUSTODIAN traded about 37 million units of its shares in 144 deals, valued at about N736 billion.
ACCESSCORP traded about 36 million units of its shares in 1,035 deals, valued at about N784 million