Nigeria’s equities market opened this new week on a positive note, thanks to stocks like Airtel Africa Plc, Seplat Petroleum Development Company Plc, MTNN Plc, Presco Plc and Guinness Nigeria Plc. Investors gained about N297billion at the close of trading session on Monday October 5.
The Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 2.11percent to 27,554.56 points from 26,985.77 points recorded the preceding trading day, while Market Capitalisation increased from N14.105 trillion to N14.402trillion.
In 5,984 deals, stock dealers exchanged 603,945,613 units valued at N7.424billion. Zenith Bank Plc, Sterling Bank Plc, UBA Plc, GTBank Plc and Transcorp Plc were actively traded stocks on the Bourse.
Airtel Africa rallied most from day open low of N380 to N400.2, adding N20.2 or 5.32 percent; while Seplat followed after its share price moved from N400 to N410, up by N10 or 2.50percent.
Also, MTNN moved up from N130 to N135, up N5 or 3.85 percent while Presco Plc increased from N53 to N55, adding N2 or 3.77 percent. Guinness Nigeria increased from N14 to N15, adding N1 or 7.14percent.
