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Airtel Africa Gained 10 Percent on Monday to Drag Nigerian Stock Exchange Out of Red Zone

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Airtel Financial Results - Investors King

Airtel Africa, Dangote Cement Led Gainers on Monday

Airtel Africa gained N64 or 10 percent on Monday to lead top gainers’ chart following a week of bearish trend.

Investors traded 208.095 million shares valued at N3.700 billion in 4,154 transactions during the trading hours of Monday.

NSE All-Share Index gained 1.73 percent or 592.7 index points from 34,250.74 index points it closed last week to settle at 34,843.44 index points on Monday.

Market capitalisation of listed equities gained N309 billion from N17.902 trillion last week to N18.211 trillion on Monday.

Zenith Bank led the most traded equities with 38,633,514 shares worth N875,678,093.55 while GTBank followed with 19,167,233 shares estimated at N632,187,320.00. See the details below.

Top Traded Stocks on Monday

Symbols Volume Value
ZENITHBANK 38,633,514 N875,678,093.55
GUARANTY 19,167,233 N632,187,320.00
ACCESS 16,141,780 N130,077,093.30
REGALINS 11,903,125 N2,383,205.00
MBENEFIT 9,191,800 N2,291,452.00

Top Gainers on Nigerian Stock Exchange

Symbols Last Close Current Change %Change
AIRTELAFRI N640 N704 64 10.00%
DANGCEM N183 N188 5 2.73%
GUINNESS N17 N17.65 0.65 3.82%
WAPCO N20.55 N21 0.45 2.19%
BOCGAS N6.77 N7.2 0.43 6.35%

Top Losers on Nigerian Stock Exchange

Symbols Last Close Current Change %Change
NASCON N16 N14.5 -1.5 -9.38%
ARDOVA N13.05 N12.2 -0.85 -6.51%
INTBREW N7.18 N6.47 -0.71 -9.89%
UBN N5.45 N5.15 -0.3 -5.50%
CUTIX N1.9 N1.72 -0.18 -9.47%

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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