The Nigeria Exchange Limited, at the start of the work week on Monday, maintained its bullish run, with the All-Share Index appreciating by 1.92 per cent to close at 84,640.89 points, a gain of 1,597.93 points.
Similar to the ASI, equities gained N1.118 trillion as the market capitalization rose to N46.319 trillion from last Friday’s N45.199 trillion.
Regarding trading activities, there was a 34 per cent increase in trading volume to 807.51 million units from last Friday’s 600.63 million units.
Also, there was a 21% increase in trading value to N11.03 billion from N9.1 billion when the market closed on last week’s trading.
A further analysis showed that top gainers are PZ,+10.00 per cent to close at N32.45, MANSARD: +10.00 per cent to close at N6.49, CHAMS, +10.00 per cent to close at N2.53, DAARCOMM: +10.00 per cent to close at N0.99, SOVREINS: +10.00 per cent to close at N0.66, TANTALIZER: +10.00 per cent to close at N0.55.
Conversely, top Losers are ABBEYBDS, -9.52 per cent to close N2.47, JBERGER,-3.54 per cent to close at N54.50, CUSTODIAN, -3.45 per cent to close at N9.80-, AFRIPUD: -2.78 per cent to close at N8.75, FBNH, -1.79 per cent to close at N27.50 and CHAMPION: -1.27 per cent to close at N3.90.
Regarding top stocks in terms of volume, TRANSCORP (+4.69 per cent) led with 66.89 million units, followed by AIICO (+2.40%) with 62.29 million units, WEMABANK (+9.92 per cent) with 41.57 million units, JAIZBANK (+9.93 per cent) with 39.19 million units, and FCMB (+3.64 per cent) with 38.15 million units.
Concerning value, NASCON (+8.33 per cent) led with N1.091 billion, followed by ZENITHBANK (+3.60 per cent) with N1.089 billion, TRANSCORP (+4.69 per cent) with N956 million, UBA (+1.45 per cent) with N857.26 million, and MTNN (0.00 per cent) with N791.55 million.
Trading was mostly positive for members of the SWOOT group, as BUACEMENT (+0.59 per cent), DANGCEM (+7.14 per cent), GTCO (+0.11 per cent), ZENITHBANK (+3.60 per cent), UBA (+1.45 per cent) recorded gains. In contrast, BUAFOODS, AIRTELAFRI, MTNN, SEPLAT, and TRANSCOHOT recorded no price changes.
Meanwhile, FBNH (-0.50 per cent) declined to fall below the N1 trillion market cap level, while ACCESSCORP (+2.14 per cent) recorded a gain to push back into the SWOOT category in Monday’s trading.
