Equity market gains N297bn

Trading activities on the floor of Nigerian Stock Exchange on Monday, opened week in an upward trend, sustaining growth by N297 billion. Specifically, Market Capitalisation of listed equities increased by N297 billion or 2.11 per cent to N14.402 trillion from N14.105 trillion reported the previous day. The NSE All Share Index also appreciated by 568.79 basis points to 27554.56 points from 26985.77 points traded on Friday.

Investors traded 603.945 million shares valued at N7.424 billion in 5984 deals against 384.543 million shares worth N3.442 billion exchanged hands the previous day in 3949 deals.

A review of the investment during the day showed that Airtel Africa Plc led gainers table growing by N20.20 kobo to close at N400.20 kobo, Seplat Petroleum Development Plc followed with a gain of N10.00 to close at N410.00, MTN Nigeria Plc gained N5.00 to close at N135.00, Presco Plc gained N2.00 to close at N55.00, Guinness Nigeria Plc up by N1.00 to close at N15.00.

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