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The overall market capitalisation size gained N87billion to start the week on a bullish note.

Transactions on the floor of the Stock Exchange on Monday, closed on a positive note as the All Share Index appreciated by 0.39% to settle at  49.189.32 from the previous close of 49.026.62. This brings the year-to-date to 15.22%, the month-to-date to -0.95% and the week-to-date to 0.39% respectively.

Investors gained N87billion as Market Capitalisation appreciated by 0.39% to close at N26.532trillion from the previous close of N26.445. An aggregate of 119.284 units of shares were traded in 3,580 deals valued at N854.755Million.

Market Breadth

The market breadth closed negative as 12 equities gained while 17 equities declined in their share prices.

Percentage Gainers

Multiverse Plc led other gainers with 9.93% growth to close at N3.10 from the previous close of N2.82.
FCMB, UBN and Japaul Gold Plc amongst other gainers also grew their share prices by 8.02%, 7.83% and 7.41% respectively.

Percentage Losers

Academy Plc led other price decliners as it shed 10% off its share price to close at N1.53 from the previous close of N1.70.
Nem Insurance, Neimeth pharmaceuticals and Champion Plc amongst other losers also shed their share prices by 8.91%, 8.33% and 7.86% respectively.

Volume Drivers

Courtville Plc traded about 24.361million units of its shares in 11 deals, valued at N24.361million.

FCMB Plc traded about 20.007million units of its shares in 126 deals, valued at N69.432million.

Zenith Bank Plc traded about 8.868million units of its shares in 319 deals, valued at N177.135million.

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