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Investors in the Nigerian equity market earned N608 billion at the close of trading Monday.
This follows a surge in the prices of shares such as NAHCO, Union Dicon and Fidelity Bank, among others, on the stock exchange floor.
The benchmark All-Share Index (ASI) index increased to 218,113.84 points from 217,167.57 points on the previous trading day.
After five hours of trading on the capital market, equity capitalization increased to N140.4 trillion from N139.8 trillion recorded by the exchange on Friday.
Market breadth was positive, with 36 stocks rising, 35 declining, and 77 stocks unchanged in 76,410 transactions.
A total of 983,948,105 shares were traded worth N50.7 billion.
NAHCO, Union Dicon and Fidelity Bank led the gainers chart, with share price growth of 10%, 10% and 9.98% respectively, closing at N242.00, N18.15 and N22.05 per share, up from N220.00, N16.50 and N20.05 per share.
Living Trust, Stanbic and Transpower led the rest of the price declines, with drops of 10%, 10% and 9.97% respectively, closing at N3.69, N169.70 and N272.70 per share, down from N4.10, N188.55 and N302.90 per share respectively.
On the volume index, Access Holding led trading with 91 million shares in 3,761 transactions, followed by First Holdco, which traded 70 million shares in 1,637 transactions.
Zenith Bank traded 54 million shares in 5,092 transactions.
On the value index, Zenith Bank traded shares worth N7.0 billion in 5,092 transactions, followed by Aradel, which traded equities worth N6.6 billion in 2,988 transactions.
MTNN traded shares worth N5.4 billion in 5,961 transactions.
By Babajide Okeowo
