Business and Economy

Nigerian stock market closes with 0.78% gain and market capitalization up N228 billion on Monday

NGX All-Share Index increased by 0.78% to close at 54,224.35 points. Trade turnover settled higher when compared to Friday’s trading session, as the value of transactions increased by 46.21%. In all, 3,095 transactions totaling 154.63 million shares worth N5.51 billion were completed.

The year-to-date (YTD) return increased to 5.80% while market capitalization increased by N228.74 billion to close at N29.54 trillion.

With 36.68 million units traded, GTCO (-0.20%) dominated the volume chart, while AIRTELAFRI (+3.85%) headed the value chart with transactions totaling 2.94 billion. While CONOIL (+9.93%) led eight (8) other competitors on the leader’s table, VITAFOAM (-7.18%) led twelve (12) other competitors on the laggard’s log.

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