The Domestic equity market on Monday opened the week in a bullish run gaining N72 billion as trading in the shares of BUA Cement, GTCO Plc, AccessCorp, Eobank Transnational Incorporated and others lifted market activities.
Market capitalisation of listed equities increased by 0.22 per cent to close at N32.308 trillion from N32.236 trillion it closed on Friday.
The NGX All Share Index also appreciated 132.76 basis points to 59338.76 points from 59206.63 points traded the previous day.
The NGX trading result showed that five companies appreciated by 10 per cent at the close of transactions on Monday. Tantalizer, Transco Hotel, Ikeja Hotel, Thomas Way and Academy Press led gained 10 per cent each to close at N0.22 per share, N19.36, N3.30, N1.43 and N2.20 per unit respectively.
Conversely, Unity Bank topped losers chart during the day, declining 10 per cent to close at N0.99 per share, Japaul Gold trailed with a loss of 9.23 per cent to close at N0.59 per unit, Veritas Kapital dipped 8.70 per cent to close at N0.21 per unit, NSI Tech declined by 7.89 per cent to close at N0.35 per unit, Cutix Plc down by 5.45 per cent to close at N2.60 per share.
Volume of trades increased by 75.182 million shares, representing 11.97 per cent as investors traded 552.688 million shares valued at N13.056 million in 8052 deals against 627.870 million shares worth N9.150 billion in 6953 deals.
Transactions in the shares of AccessCorp Plc led the market activity during the day with 74.602 million shares valued at N1.134 billion, BUACement followed with account of 45.405 million shares valued at N3.861 billion, GTCO Plc traded 44.833 million shares cost N1.449 billion, Universal insurance traded 40.373 million shares valued at N9.094 million while Ecobank Transnational Incorporate traded 39.821 million shares cost N604.805 million.
