Activities in the nation’s bourse on Monday resumed for the week on a positive note with a marginal growth of 0.07 per cent due to mild increases in MTN Nigeria and some Tier one banks.
Specifically, the All-Share Index increased by 16.90 points or 0.07 per cent to 22,616.28 compared with 22,599.38 recorded on Friday.
Accordingly, Month-to-date gain increased to 6.2 per cent as Year-to-Date losses moderated to -15.7 per cent.
Similarly, the overall market capitalisation size increased by N9 billion to close at N11.786 trillion against N11.777 trillion on Friday.
The upturn was impacted by gains recorded in large and medium capitalised stocks, amongst which are: MTN Nigeria, Guaranty Trust Bank, Union Bank of Nigeria, Zenith Bank and Oando Plc.