NSE All Share Index rises by 0.01% as investors gain N929 million
MTN Nigeria Communications Plc remained the largest-listed company in Nigeria with a market cap of N2.44 trillion as of September 21, followed by Dangote Cement Plc, with a market cap of N2.30 trillion.
The All Share Index (ASI) of the Nigerian Stock Exchange (NSE), the benchmark stock index of the NSE, rose on Monday by 0.01 per cent to begin the week on a positive note, following a decline in the index last week.
Data from the NSE website shows that at end of the trading day on Monday, the ASI rose to 25,574.35 points, compared to 25,572.57 points recorded on Friday. Market capitalisation appreciated from N13,364.56 trillion reported on the last day of trading last week to N13,365.49 trillion today, with investors gaining N929.41 million.
According to the NSE's latest weekly report, the benchmark stock index appreciated by 0.16 per cent on Friday, while depreciating for the entire week by 0.08 per cent. Market capitalisation appreciated by 0.10 per cent to N13,364.56 trillion at the end of the trading week on Friday. Year to Date (YTD), the benchmark stock index has depreciated by 4.72 per cent.
A turnover volume of 196.12 million shares worth N1.728 billion were traded in 3,542 deals on Monday, compared to the 193.50 million shares that were traded in 2,934 deals on Friday at a value of N1.846 billion.
UAC of Nigeria Plc was among the top five price gainers today as the stock of the leading diversified company rose by 5.79 per cent. The other four were International Breweries Plc, Presco Plc, Guaranty Trust Bank Plc and MTN Nigeria Communications Plc.
Champion Brewery Plc led the top five declining equities on Monday, depreciating by 10 per cent. The other price decliners were Red Star Express Plc, Julius Berger Nigeria Plc, Access Bank Plc and Flour Mills of Nigeria Plc.
MTN Nigeria Communications Plc remained the largest-listed company in Nigeria with a market capitalisation of N2.44 trillion as of September 21, followed by Dangote Cement Plc, with a market capitalisation of N2.30 trillion.
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