Transactions on the floor of the Nigerian Exchange on Monday closed on a positive note as the All Share Index appreciated by 0.16% to settle at 43,266.27points, from the previous close of 43,199.27points, bringing the year-to-date to 7.51%, the month-to-date to 11.71% and the week-to-date to 0.16% respectively.
Investors gained 32Billion as Market Capitalization appreciated by 0.16% to close at N22.576trillion from the previous close of N22.544trillion. An aggregate of 2,402Billion units of shares were traded in 4,811 deals, valued at N16,467Bllion.
Market Breadth:
The market breadth closed positive as 19 equities gained while 18 equities declined in their share prices.
Percentage Gainers:
Honey Well Flour Plc led other gainers with 9.73% growth to close at N3.39 from the previous close of N3.72.
Nem, First Bank, and Oando Plc amongst other gainers also grew their share prices by 7.89%, 6.49% and 5.97% respectively.
Percentage Losers:
The Initiative (TIP) Plc led other price decliners as it shed 9.76% off its share price to close at N0.37 from the previous close of N0.41.
UPDC, FTN Cocoa, Japaul Gold Plc amongst other losers also shed their share prices by 9.74%, 9.09% and 4.88% respectively.
Volume Drivers:
Mutual Benefit Insurance Plc traded about 133,976million units of its shares in 62 deals, valued at N32.591Million.
FBNH Plc traded about 88,659million units of its shares in 349 deals, valued at N1,07Billion.
GTCO Plc traded about 43.152million units of its shares in 443 deals, valued at N1,104Billion.