Trading on the Nigerian Exchange kicked off the week on a positive note as the All-Share Index (ASI) advanced by 0.53% to close at 135,166.51 points, up from the previous 134,452.93 points.
The rally also lifted the overall market capitalisation by N400 billion, or 0.47%, to settle at N85.455 trillion, compared to N85.055 trillion recorded in the last session.
In total, investors exchanged 796 million shares across 37,626 transactions, with a total turnover of N23 billion.
Market sentiment was bullish, with 45 stocks recording gains while 25 equities declined in value.
Academy Press surged by 9.9% to close at N10.24 from its earlier N9.31.
Champion Breweries, TRIPPLEG, and May & Baker saw their shares climb by 9.98%, 9.97%, and 9.94% respectively.
Livestock Feeds suffered the biggest loss, declining by 10% to close at N14.52 from N16.13.
THE INITIATES, ELLAHLAKES, and NGXGROUP also fell by 9.98%, 9.08%, and 6.02% respectively.
Fidelity Bank led trading activity with 123 million shares exchanged in 1,061 deals, valued at N2.6 billion.
FCMB followed with 68 million shares in 858 deals, amounting to N670 million.
JAPAULGOLD recorded 44 million shares traded in 358 deals, worth N127 million.
