Nigeria’s equities market closed positive on Monday, as bulls took hold of the trading session, thereby boosting the broad market’s performance with JOHNHOLT topping the 18 gainers’ table.
At the close of the trading session, the All-share Index (ASI) appreciated by 0.11% to close at 52,657.69 points just as the market capitalization grew by N18 billion to close at N28.681 trillion and the Year-to-Date (YtD) returns settled at 2.05%.
Since it opened for trading this year, the equities market has advanced by 1,062.03 basis points since the start of the year.
While JOHNHOLT led 18 gainers at the close of trading on the bourse, CORNERST topped the 13 losers’ table.
Overall, the total volume of trading stood at 143.7 million with a value of N1.77 billion in 4,078 deals.
A further analysis of the day’s trading, showed that the NGX top five ASI gainers comprised JOHNHOLT up + 9.38% to close at N1.05; NSLTECH up + 9.09% to close at N0.24; CHAMS up + 7.69% to close at N0.28; GEREGU up + 6.92% to close at N148.40 and ABCTRANS up + 6.90% to close at N0.31
On the flip side of the table were the top five ASI losers, namely CORNERST down – 10.00% to close at N0.54; CWG down – 9.62% to close at N0.94; JAPAULGOLD down – 6.67% to close at N0.28; UNITYBNK down – 5.17% to close at N0.55; and COURTVILLE down – 4.00 % to close at N0.48
The market data showed that the top three traded stocks by volume were FBNH– 19,656,108; CHAMS – 11,218,160; GTCO– 10,990,062 while those that topped the value chart were MTNN – N326,846,830; GTCO– N264,992,516; and ZENITHBANK- N243,456,025
