Nigeria’s equities market kicked off this week on a positive note, rising by 0.85 percent on Monday as investors renewed interest in the stocks of Aradel Holdings Plc.
While Aradel Holdings rallied most by N45.90 or 9.98 percent, from N460 to N505.90; sell pressure dipped MRS Oil the most on Monday from N157.50 to N141.80, losing N15.70 or 9.97 percent.
The NGX Oil & Gas Index rose by 3.02 percent, followed by NGX Consumer Goods Index which increased by 2.20 percent; while NGX Insurance decreased by 1.06 percent, and NGX Banking (-0.02 percent). The stock market’s return year-to-date (YTD) increased to 6.83 percent.