Transactions at the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a bullish trend with the market capitalisation appreciating by N121 billion due to price appreciation.
The market capitalisation rose by N121 billion or 1.03 per cent to close at N11.817 trillion against the N11.696 trillion posted on Friday.
Similarly, the All-Share Index appreciated by 342.06 points or 0.99 per cent to close at 34,781.46 compared with 34,439.40 achieved on Friday.
An analysis of the price movement chart indicated that Forte Oil topped the gainers’ chart with N15.77 to close at N189 per share.
Total trailed with N6.90 to close at N156.90, while Guinness went up by N3.50 to close at N158.50 per share.
Presco garnered N2.55 to close at N32.55 and 7UP chalked up N2 to close at N178 per share.
On the other hand, CAP led the losers’ table, decreasing by N2 to close at N41 per share.
Custodian and Allied Insurance followed with a loss of 17k to close at N4, while Vitafoam dipped 14k to close at N6.24 per share.
Flour Mills dropped 10k to close at N34.90, while Champion Breweries lost 9k to close at N7 per share.
The volume of shares traded rose by 64.96 per cent as investors bought and sold 305.71 million shares worth N2.98 billion transacted in 4,674 deals.
This was in contrast with 185.32 million shares valued N1.39 billion traded in 3,517 deals on Friday.
UBA emerged the most traded equity, exchanging 73.99 million shares worth N390.60 million.
It was trailed by Diamond Bank with 45.51 million shares valued N202.63 million, while FBN Holdings sold 21.90 million shares worth N201.44 million.
GT Bank accounted for 20.57 million shares valued N612.16 million and Zenith Bank traded 13.82 million shares worth N314.71 million.
(NAN)
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