The Nigerian equities market kicked off the week on a strong note, closing Monday’s trading session in the green and signaling renewed investor confidence. The market saw a N540 billion boost in capitalisation, ending the day at ₦69.29 trillion, up from ₦68.75 trillion recorded the previous Friday.
The All-Share Index (ASI) also climbed by 0.79%, closing at 109,884.93 points, representing a gain of 856.31 points from Friday’s 109,028.62.
Leading the day’s gainers was Aradel Holdings, which rose by 9.98% to close at ₦505.90, followed by University Press with a 9.86% increase to ₦4.79, and Associated Bus Company, up 8.43% to ₦2.70.
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On the flip side, Tripple Gee and Co topped the losers’ list with a 10% decline, closing at ₦2.07. MRS Oil Nigeria followed, shedding 9.97% to close at ₦141.80, while Chellarams dropped 9.96%, ending at ₦10.58.
In terms of trading activity, Fidelity Bank led the volume chart with 46.8 million shares, followed by Custodian & Allied with 37.2 million shares exchanged.
Overall, the day saw robust participation, with 414.5 million shares valued at over ₦11.09 billion traded across 19,775 deals, indicating strong interest across multiple sectors — an encouraging sign for SMEs eyeing market trends and investor sentiment.
