Transactions on the floor of Nigerian Exchange (NGX) on Monday opened week in positive note, appreciating by N851 billion as investment in the shares of FBNHoldings, Union Dicon, Sterling Bank Transcorp and others lifted market activities.
Market capitalisation of listed equities increased by 2.48 per cent to N35.177 trillion from N34.326 trillion reported the previous day.
The NGX All Share Index also appreciated by 1562.82 basis points to 64603.69 points from 63040.87 points traded on Friday.
An analysis of the investment during the day showed that five listed companies recorded 10 per cent gain. The report indicated that Jaiz Bank, MRS Plc , Neimeth international Pharmaceutical gained 10 per cent to close at N1.98 per unit, N109.45 per share and N2.20 per unit respectively. Daar Communication and Dangote Cement also added 10 per cent each to close at N0.22 and N330.10 per unit respectively.
On the contrary, Pharm Deko topped losers chart on Monday, declining by 9.85 per cent to close at N1.83 per share, Union Dicon trailed with a drop of 9.50 per cent to close at N8.10, Berger paint down by 9.09 per cent to close at N10.00, Guinea Insurance dropped by 7.69 per cent to close at N0.24 per unit, Champion Breweries dipped by 5.43 per cent to close at N4.35 per unit.
