Market Cap gains N276 billion on Monday

The first trading day at the Nigerian Stock Market ended on a bullish note as the market capitalisation of listed entities rose to N12.703 trillion gaining by N276 billion or 2.22 percent from last Friday’s closing figure of N12.427 trillion.

The NSE All Share Index, ASI, equally closed higher on Monday at 39,695.34 basis points appreciating by 863.75 points or 2.22 percent when compared with the 38,831.59 basis points closing figure of last Friday.

At the close of Monday’s transactions, investors traded 265.12 million shares valued at N2.86 billion in 3,974 deals as against the 727.42 million shares worth N4.91 billion that was exchanged in 4,469 deals last Friday.

Transcorp led the top five trades by volume chart on Monday with 57.95 million shares worth N234.34 million.

It was followed by Unity Bank with 36.65 million volume of shares valued at N19.17 million while GTB was third with 26.42 million shares worth N713.56 million.

Zenith Bank was fourth with 17.11 million shares worth N372.06 million while ETI was last on the chart with 15.44 million shares valued at N227.15 million.

Dangote Cement led the gainers chart on Monday appreciating by N20.00 in its share price to close at N220.00 per share.

Nestle was second with a gain of N6.00 in its share price to close at N1,126.00 per share while Ashaka Cement in third spot gained N0.51k in its share price to close at N20.51k per share.

GTB was fourth with a share price gain of N0.40k to close at N27.10k per share while Nigerian Breweries was last on the chart with a gain of N0.20k in its share price to close at N161.20k per share.

However, Guinness topped the losers chart shedding N8.00 in its share price to close at N247.00 per share.

WAPCO was second with a share price loss of N4.20k to close at N107.00 per share while Cadbury in third spot lost N3.00 in its share price to close at N63.00 per share.

Unilever was fourth with a loss of N2.87k in its share price to close at N54.61k per share while PZ was last on the chart losing N0.97k in its share price to close at N35.63k per share.