The Nigerian Exchange Limited opened the week on a positive note, gaining N465bn in market capitalisation on Monday as investors increased their interest in insurance and industrial stocks.
At the close of trading, the market capitalisation rose to N93.8tn from N93.35tn recorded on Friday, while the All-Share Index advanced by 729.17 points, or 0.5 per cent, to settle at 147,717.21 points.
The day’s performance was driven by price appreciation in stocks
annually to upstream investments over the next 25 years to avert an energy crisis.