Transactions on the floor of the Nigerian Stock Exchange on Monday closed on a positive note as the All Share Index appreciated by 0.14% to settle at 47,394.53 points, from the previous close of 47.324.42 points, bringing the year-to-date to 0.47%, the month-to-date to 2.02% and the week-to-date to 0.14% respectively.
Investors gained N36Billion as market capitalisation appreciated by 0.14% to close at N25.543trillion from the previous close of N25.507trillion. An aggregate of 300.763Million units of shares were traded in 5,434 deals valued at N2.771Billion.
Market Breadth:
The market breadth closed positive as 22 equities gained while 15 equities declined in their share prices.
Percentage Gainers:
Link Assurance Plc led other gainers with 10% growth to close at N0.55 from the previous close of N0.50.
Royal Exchange Insurance, Regency Insurance and Assurance Plc amongst other gainers also grew their share prices by 9.60%, 7.69% and 7.69% respectively.
Percentage Losers:
Academy Plc led other price decliners as it shed 9.69% off its share price to close at N1.77 from the previous close of N1.96.
RT Briscoe, Jaiz Bank and Vitafoam Plc amongst other losers also shed their share prices by 9.57%, 5.19% and 4.90% respectively.
Volume Drivers:
FCMB Plc traded about 104.414million units of its shares in 56 deals, valued at N323.595Million.
Transcorp Plc traded about 17.016million units of its shares 140 deals, valued at N20.786Million.
Zenith Bank Plc traded about 15.493million units of its shares in 390 deals, valued at N419.424Million.