The stock market continued its bullish trend on Monday, as the All share index gained 0.74% to close at 29,633.58 index points leaving the equity market capitalisation of the market at N15.29 trillion.
MTN Nigeria, NPF Microfinance, Lasaco Assurance, UACN and GSK topped the rank of gainers on the bourse as Cadbury Nigeria and Transcorp Hotel led today’s losers.
MTN Nigeria was the best performing stock on Monday with 10% gain to close at N127.6 followed by NPF Microfinance bank having gained 9.68% to close at N1.36 as UACN gained 7.8 to close at N11.05. Lasaco Assurance gained 7.41% to close at N0.29 while Glaxo Smith Kline rounded off the list with 6.6 gain to close at N5.65.
On the flip side, Cadbury Nigeria was the worst-performing stock as it dipped 9.95% to close at N9.5 followed by Transcorp Hotel, which lost 9.18% to close at N4.45. Neimeth pharmaceuticals dipped 8.93% to close at N0.51.
Presco plc lost 8.17% to close at N52.25 while Unilever Nigeria lost 5.26% to close at N18.
Top trades by volume
Access bank was the most actively traded stock on the bourse today, having traded in 63.7 million shares valued at N628.8 million across 450 deals followed by UBA, which traded in 40.6 million shares at N354.2 million across 386 deals.
Zenith bank plc traded in 39.5 million shares at N861.15 million across 456 deals as UACN also traded in large volume with 24.4 million shares traded at N268.65 million across 208 deals while GT bank capped the list with trades in N18.17 million shares at N573.72 million across 237 deals.