Nigerian Equity Market Gains N155 Billion Profit in Monday Trading

The Nigerian equity market, represented by the NGX, saw a profit of N155 billion on Monday, with the All-Share Index (ASI) rising by 142.56 points. Notable gainers included Thomas Wyatt Nigeria, Skye Shelter Fund Plc, and LivingTrust Mortgage Bank, while AXA Mansard Insurance and Universal Press Plc experienced price declines.

Trading activity was led by First Holdco Plc in terms of volume and value. Overall, the market breadth was negative, with 25 stocks advancing, 36 declining, and 86 remaining unchanged.