Transactions on the floor of Nigerian Exchange (NGX) on Monday closed in a positive note, gaining N93 billion as gains in shares of Nigerian Breweries, Cadbury lifted activities in the market.
Market capitalisation of listed equities increased by N93 billion or 0.38 per cent to N24.326 trillion from N24.233 trillion reported the previous day.
The NGX All Share Index also appreciated by 170.23 basis points to 44662.96 points from 44492.73 reported the previous day.
Investors traded 159.561 million shares valued at N1.950 billion in 3607 deals against 146.679 million shares cost N1.235 billion exchanged hands the previous day in 3018 deals.
An analysis of the Investment showed that Nigerian Breweries led gainers table during the day, gaining 9.94 per cent to N45.35, NEM Insurance followed with a gain of 9.87 per cent to N4.12, PZ Cusson added 8.72 per cent to N9.35, Cadbury Nigeria Plc added 7.32 per cent to N11.00, Chams Plc gained 4.35 per cent to N0.24.
On the contrary, JapaulGold topped losers chart during the day, shedding 7.14 per cent to N0.26, AIICO Insurance trailed with a loss of 5.36 per cent to N0.53, Mansard fell by 5.08 per cent to N1.68, Sterling Bank down by 1.41 per cent to N1.40, Jaiz Bank dipped by 1.11 per cent to N0.89.
The result further showed that Transnational Corporation of Nigeria was the most active stock during the day, exchanging 35.240 million shares valued at N39.391 million, AIICO Insurance followed with account of 29.923 million shares cost N16.011 million, Zenith Bank traded 11.479 million shares cost N247.697 million, FBNHoldings traded 9.467 million shares worth N104.410 million while United Bank for Africa sold a total of 9.323 million shares valued at N61.055 million.
