April 13, (THEWILL) — The Nigerian equities market closed Monday’s trading session on a positive note, as bargain hunting across selected counters pushed key performance indicators higher. Market capitalisation advanced from ₦131.165 trillion at the opening of trade to ₦131.608 trillion, while the All-Share Index (ASI) climbed from 203,770.43 to 204,458.86, reflecting sustained investor interest in mid- and large-cap stocks.
Market breadth finished positive, with 32 gainers against 24 losers, signalling cautious but supportive sentiment among investors.
TOP GAINERS FOR THE SESSION
NGXGROUP 10.00 percent (₦139.50 to ₦153.45).
TRANSEXPR 9.81 percent (₦3.77 to ₦4.14).
MCNICHOLS 9.74 percent (₦6.47 to ₦7.10).
VFDGROUP 9.71 percent (₦10.30 to ₦11.30).
CHAMS 8.96 percent (₦3.35 to ₦3.65).
TOP LOSERS FOR THE SESSION
BERGER -9.95 percent (₦75.90 to ₦68.35).
ACADEMY -9.71 percent (₦8.75 to ₦7.90).
CAVERTON -5.98 percent (₦5.85 to ₦5.50).
CAP -3.81 percent (₦99.80 to ₦96.00).
Meanwhile, Dangote Cement, Lafarge Africa, Custodian Investment, Julius Berger Nigeria Plc, Golden Guinea Brewery, amongst others, closed flat for the day, indicating limited price movement in some heavyweight counters.
Investor sentiment remained mildly optimistic, supported by bargain hunting in selected stocks despite pockets of profit-taking. Market participants are likely to maintain a cautious trading stance in the next session, with movements expected to be driven by stock-specific demand and positioning in fundamentally strong counters.
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
