The Nigerian equities market maintained a positive stance on Monday as trading activities closed with moderate gains across key indices. The Central Bank of Nigeria maintained its Monetary Policy Rate at 26.50 per cent. The NGX All-Share Index gained 352.24 points or 0.14 per cent to close at 250,156.80 points, up from 249,804.56 points recorded on Friday.
Correspondingly, total equity market capitalisation appreciated by N228.25bn to settle at N162.39tn compared to N162.16tn recorded in the previous session. The index reached a high of 250,156.80 points and a low of 244,304.51 points, bringing the period’s average index point to 247,074.61.
Overall trading activity saw investors execute 68,506 deals comprising 574.12 million shares across equities boards. Sectoral performance reflected broad-based interest across key market segments. The NGX Premium Index advanced 0.29 per cent to 31,714.33 points, while the NGX 30 Index gained 0.12 per cent to 9,207.58 points. Sectoral indices showed gains
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