Nigerian bourse continues positive rally as Index rises by 3.85%

The market continued on Monday with the positive sentiment that dominated the market for some time as the Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 3.85 per cent, while the year-to-date return stood at 21.22 per cent.
The All-Share Index closed at 32,578.38 against the previous close of 31,371.63 while Market Capitalization closed at ₦11.263 trillion against previous close of ₦10.845 trillion.
Volume traded decreased by 9.59 per cent from 708.411 million to 640.439 million, while the total value of stock traded decreased by 7.03 per cent from ₦8.256 billion to ₦7.675 billion in 7,024 deals.
The Financial Services sector led the activity chart with 516.23 million shares exchanged for ₦3.304 billion. Conglomerates came next with 41.143 million shares traded for ₦0.134 billion, Consumer Goods, Industrial Goods, Oil And Gas sectors followed in that order on the activity chart.
FBNH, FCMB, Fidelitybk, Zenithbank and Skyebank were the most active stocks by volume. Mobil, Conoil, Flourmill, FBNH and Custodyins emerged the highest price gainers on the chart, while Uniondicon, Cileasing, Jaizbank, Cutix and Thomaswy topped the losers chart.