Equity transactions on the Nigerian Stock Exchange (NSE) on Monday closed on a bullish note on Monday as some blue chips sustained their price rally.
Nestle led the gainers’ table, gaining N9.99 to close at N835 per share.
Seplat came second on the gainers’ chart with N5 to close at N245, while Nigeria Breweries rose by N1.99 to close at N140 per share.
Forte Oil grew by N1.9 to close at N162, while International Breweries appreciated by N0.61 to close at N19 per share.
Consequently, the NSE All-Share Index appreciated by 161.74 points or 0.58 per cent to close higher at 27,812.06 against the 27,650.32 achieved on Friday.
Also, the market capitalisation, which opened at N9.50 trillion, rose by N50 billion or 0.53 per cent to close at N9.55 trillion.
On the other hand, 7UP led the losers’ table, dropping N5.28 to close at N109.17 per share.
ETI came second on the losers’ chart with 31k to close at N11.19, while Dangote Flour lost 15k to close at N4 per share.
Afriprud dipped by 5k to close at N2.64, while FCMB depreciated by 4k to close at N1.23 per share.
In all, a total of 216.17 million shares valued at N2.83 billion were exchanged in 3,316 deals.
This was against a turnover of 314.60 million shares worth N2.77 billion achieved in 3,243 deals on Friday.
The Financial Services sector remained the investors’ delight as First Bank of Nigeria emerged the most traded stock, accounting for 58.62 million shares valued at N184.09 million.
It was trailed by Access Bank which sold 40.89 million shares worth N239.38 million, while GTBank accounted for 30.65 million shares valued at N785.49 million.
Transcorp traded 16.92 million shares worth N18.47 million, while investors in Skye Bank staked N160.01 million on 10.15 million shares.
