The Nigerian equity market opens the week with a positive close, making it three straight sessions of gains as the All Share Index advanced 0.37 percent, adding 121.130 points, to close at 32,962.82 away from the previous close of 32,841.69 points.
The market capitalisation with about N44 billion increase, closed at N12.039 trillion as against N11.990 trillion of the previous trading session.
However, both traded volume and value of stocks for the day appreciated by 21.29 percent and 239.85 percent, to settle at 257.9 million units and N4.50 billion respectively.
Trading activities for the day produced 17 gainers and 17 losers, bringing the market breadth a balanced round off.
In specific terms, Unilever Nigeria Plc with 8.20 percent growth tops the percentage gainers’ chart, settling at N47.50 above 43.90 its close on Friday. Other percentage gainers on the chart are Custodian Insurance Plc, Union Diagnostic Plc and Seplat with 7.84 percent, 7.14 percent and 4.86 percent growth respectively.
Conversely, Westafrica Portland Cement Plc (WAPCO) and Neimeth International Plc topped the losers’ chart, losing 10.00 percent each of their share prices; while MCNICHOLS, Honeywell flour and Dangote Flour all shed 8.47 percent, 7.26 percent and 6.25 percent respectively.
At the close of trading for the day, Guaranty Trust Bank Plc emerged the most actively traded stock, trading about 74 million units of its shares in 178 deals, valued at about N2.7 billion.