Investors in the Nigerian Equities Market gained N534.57bn on Monday as the market closed positively on 975.13 basis points.
The NGX All-Share Index (NGXASI) advanced by 1.45 percent, closing at 68,111.71 basis points, compared to the previous day’s gain of 0.08 percent, which closed at 67,136.58 basis points. The NGX Market CAP also recorded a gain of N535.74bn in Naira terms whilst the NGXASI Stands at 32.90 percent.
The total volume traded advanced by 100.98 percent to close at N430.39m, valued at N8.26bn and traded in 7,656 deals. UNIVINSURE was the most traded stock by volume with N94.75m, while GEREGU was the most traded stock by value with N1.95bn units traded.
The Gote Index advanced by 5.0 percent at 189.73, while the Toni index advanced by 2.07 percent to close at 353.10 basis points.
At the close of trading, the market recorded 44 gainers, 16 losers, and 55 unchanged. NNFM topped the gainers list, while ACADEMY topped the list of losers.
Thus, market breadth closed positively as the Market Breadth Index (MBI) is 0.51x.