Domestic equities on Monday opened the week on a positive note gaining N204 billion, with a market capitalisation of listed equities appreciating by 0.59 percent to N34.273 trillion from the N34.069 trillion reported on Friday.
The NGX All Share Index also went up by 373.62 basis points to 62943.35 points from 62569.73 points reported on Friday.
A breakdown of investment for the day showed that Daar Communication, Unilever Nigeria Plc, and Fidelity Bank led the gainers’ table during the day in percentage terms, gaining 10 percent each to close at N0.33 per share, N15.95 and N7.37 per share respectively. Sterling Bank followed with a gain of 9.97 percent to close at N3.42 per unit, JohnHolt recorded an increase of 9.94 percent to close at N1.99 per unit.
On the contrary, PZ Cusson, Veritas Kapital, Union Bank of Nigeria, and SFS REIT topped the losers’ chart on Monday in percentage terms with 10 percent to close at N16.20 per unit, N0.27, N6.30, and N69.30 per share to N0.27 per share, N6.30 and N69.30 per share respectively.
FTNCocoa trailed with a drop of 9.93 percent to close at N2.54 per unit.
Volume of shares increased during the day as investors traded 710.018 million shares valued at N13.829 billion in 8979 deals against 600.487 million shares worth N8.827 billion exchanged hands the previous day in 9554 deals.
Transactions in the shares of Sterling Bank led market activities during the day with an account of 65.948 million shares valued at N216.572 million, Transnational Corporation of Nigeria followed with an account of 62.200 million shares valued, Unity Bank traded 59.665 million shares worth N79.965 million, AccessCorp exchanged 51.054 million shares valued at N828.767 million while Universal insurance traded 49.806 million shares worth N12.338 million.
