Trading activities on the Nigerian Stock Market today (Monday) closed on a positive note as investors sentiment tends towards the Banking and Industry sectors, ahead of the MPC conclusion on Tuesday. However, the market breadth closed negatively, recording 30 losers as against 19 gainers.
In summary, the All-Share Index (ASI) grew by 86.97 absolute points, representing an increase of 0.21%to close at 41,088.96 points. Also, the overall Market Capitalization value gained N45.49 billion, representing a rise of 0.21%to close at N21.49 trillion.
ACADEMY emerged as top gainer (by percentage points) for today, with the maximum price appreciation of +10.0%, while CILEASING and ROYALEX topped the losers’ chart with a price depreciation of -10.00%.
Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; CHAMPION (+9.74%), MANSARD (+7.03%), UBN (+6.31%), JBERGER (+3.17%),WAPCO (+1.92%), FCMB (+1.23%), DANGCEM(0.85%), FBNH (+0.68%), UBA (+0.57%), ACCESS (+0.55%) and AIRTELAFRI (+0.38%).
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