
The Nigerian Exchange (NGX) ended Monday’s session on a mixed note, with the All-Share Index (ASI) rising by 1,238.74 points (0.86%) to close at 144,822.78, pushing the market capitalization to about ₦91.9 trillion.
Trading volume stood at 519.9 million shares across 35,467 deals. While the number of deals rose by 31%, turnover and volume dipped by 26% and 5%, respectively, reflecting cautious sentiment among investors.
Top gainers included Seplat (+10%), AXA Mansard (+10%), Skye Shelter Fund (+9.97%), and Ellah Lakes (+9.95%).
On the other hand, International Energy Insurance (-8.42%), McNichols (-8.31%), and Thomas Wyatt (-7.72%) led the losers.
Ellah Lakes topped activity charts with 80.1 million shares, followed by Chams (30.2 million) and Sterling Bank.
Despite the uptick in the index, analysts described the market performance as mixed, citing reduced turnover and selective investor participation.