The Nigerian equity market on Monday closed on bullish note as the All Share Index appreciated by 0.02% to settle at 38,220.01 points from the previous close of 38,212.01 points.
Investors gained N4 billion as Market Capitalisation grew by 0.02% to close at N19.923 trillion from the previous close of N19.919 trillion.
An aggregate of 282.62 million units of shares were traded in 4,788 deals, valued at N1.87 billion.
The Market Breadth closed positive as 27 equities appreciated in their share prices against 16 equities that declined in their share prices.
Percentage Gainers
Cutix Plc led other gainers with 10% growth, closing at N3.3 from the previous close of N3.
NCR Nigeria and Regency Assurance among other gainers also grew their share prices by 9.69% and 9.52% respectively.
Percentage Losers
Regency Assurance led other price decliners as it shed 9.81% of its share price to close at N3.31 from the previous close of N3.67.
ABC Transport, NPF Microfinance Bank and Presco among other price decliners also shed their share prices by 8.11%, 6.98% and 6.04% respectively.
Volume Drivers
Fidelity Bank traded about 28.09 million units of its shares in 151 deals, valued at N64.53 million.
Wema Bank traded about 19.64 million units of its shares in 144 deals valued at N14.42 million.
Universal Insurance traded about 18.03 million units of its shares in 35 deals, valued at N3.6 million.