It was a bullish start to the week on the Nigerian Exchange on Monday, as the equities market closed in positive territory, reflecting widespread gains across the trading floor.
The market capitalisation rose by ₦540 billion, closing at ₦69.291 trillion compared to ₦68.751 trillion recorded at the close of trading on Friday. Similarly, the All-Share Index appreciated by 0.79 per cent, ending the day at 109,884.93 points – up by 856.31 points from Friday’s figure of 109,028.62 points.
Leading the gainers’ chart was Aradel Holdings, which appreciated by 9.98 per cent to close at ₦505.90. University Press followed with a 9.86 per cent gain, closing at ₦4.79, while Associated Bus Company rose by 8.43 per cent to close at ₦2.70.
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On the flip side, Tripple Gee and Company topped the losers’ chart with a 10 per cent decline, closing at ₦2.07. It was trailed by MRS Oil Nigeria, which shed 9.97 per cent to close at ₦141.80, while Chellarams lost 9.96 per cent to settle at ₦10.58.
In terms of volume, Fidelity Bank led the activity chart with 46.8 million shares traded, followed by Custodian & Allied with 37.2 million shares.
By the close of trading, a total of 414.509 million shares valued at ₦11.094 billion were exchanged in 19,775 deals.
