By Modupe Gbadeyanka
A new trading week commenced on Monday, July 24, 2017 on a high note with the stock market growing further by 1.86 percent, Business Post.
The positive performance was driven by gains recorded by Dangote Cement, Julius Berger, Stanbic IBTC and others.
The top gainer, Dangote Cement, rose by N10.60k to settle at N222.60k per share, while Julius Berger added N1.70k to its share value to finish at N36 per share.
Stanbic IBTC grew by N1.1k to end at N33.50k per share, Flour Mills of Nigeria advanced by 97k to close at N26.70k per share, while Access Bank appreciated by 43k to end at N10.8k per share.
On the other hand, it was not a good story for Nestle, which depreciated today by N16 to settle at N902 per share.
PZ Cussons shed 60k to close at N21.40k per share, Okomu Oil declined by 50k to finish at N64 per share, Forte Oil lost 46k to end at N57.50k per share, and Berger Paints slumped by 25k to finish at N6.52k per share.
An analysis of the main market indicators showed that the All-Share Index (ASI) progressed by 632.15 points to settle at 34,652.52 points, while the market capitalisation advanced by N217.9 billion to close at N11.94 trillion, and the YTD gain expanded further to 28.94 percent.
Access Bank was the most active stock today, accounting for 73.6 million shares traded at N730.2 million.
It was trailed by UBA, which transacted 34.6 million units worth N323.3 million, while GTBank exchanged 32.6 million shares valued at N1.2 billion.
Furthermore, Unity Kapital Assurance recorded a total of 30 million shares sold for N15 million, while Transcorp traded 16.3 million shares valued at N25.6 million.
In all, a total of 294 million shares exchanged hands on Monday valued at N3.9 billion executed in 3,712 deals.
Dipo Olowookere 
Adedapo Adesanya