Market capitalization inches up by N36 billion

Trading on the Nigerian equities market closed positive on the first trading day of the week with the market capitalization appreciating by N36 billion to close at N25,543 trillion against the N25,507 trillion recorded at the close of trading last week.

 
 
The all-share index also inched up by 0.

14% to close at 47,394.

53 points, being 66.

11 points higher than Friday’s 47,328.

42 points.

 
 
The market sentiment for the day was also positive as trading closed with 23 gainers and 15 losers.

 
 
A total of 300.

76 million shares valued at N2.

77 billion were traded in 5,434 deals on Monday.

 
 
Linkage Assurance led the gainers’ list with a gain of 0.

05k to close at N0.

55k.

It was followed by Royal Exchange with N0.

12k gain to close at N1.

37k and Sunu Assurances Nigeria,  which gained N0.

03k to close at N0.

42k.

 
 
On the other hand, Academy Press came out last after it lost N0.

19k to close at N1.

77k.

It was followed by RT Briscoe with a loss of N0.

09k to close at N0.

85k, then Jaiz Bank  which lost 0.

04k to close at N0.

73k.

 
 
FCMB Group was the toast of investors for the day as it had the highest volume of 104 million traded shares followed by Transcorp Nigeria with 17 million shares.

Market capitalization inches up by N36 billion