Stock market capitalisation gains 0.84%

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The All Share Index and the market capitalisation of the Nigerian Stock Exchange gained 0.84 per cent on Monday, starting the week on a positive note.

The All Share Index and the market capitalisation stood at 36,946.05 basis points and N13,384 trillion, gaining 309.08 basis points and N112 billion respectively.

At the end of the day, 31 registered stocks gained, 22 declined while all others remained the same as investors traded 3.19 million shares worth 3.05 billion Naira in 4,091.00 deals.

The top three gainers were Mutual Benefits Assurance Plc, which led the gainers chart with 0.03 kobo or 10.00 per cent ,when it opened for transactions at 0.30 kobo per share and closed at 0.33 kobo per share.

Following right after was Seplat Petroleum Development Company Ltd with an opening price of N625.00 per share and a closing price of N687.50 kobo per share, gaining N62.50 kobo or 10.00 per cent.

Then Northern Nigerian Flour Mills Plc trailed with an opening price of N6.55 kobo per share and a closing price of N7.20 kobo per share, gaining 0.65 kobo or 9.92 per cent.

Losers

Conoil Plc, which  opened at N27.00 per share and closed at N24.30 kobo per share , declined by N2.70 or 10.00 per cent.

It was followed by Pharma-Deko Plc with an opening price of N2.20 kobo per share and a closing price of N1.98, falling by 0.22 kobo or 10.00 per cent.

Medview Airline Plc fell by  0.21 kobo or 9.81per cent to close at N1.93 kobo per share, after opening at N2.14 kobo per share.


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