The Nigerian stock market started the week on a positive note, with investors gaining N643.14 billion at the end of trading on Monday.
The All-Share Index of the Nigerian Exchange Limited jumped by 2.93 percent to 43,246.87 basis points from 42,014.50bps on Friday.
The market capitalization of equities also went up to N22.57tn from N21.93tn amid positive investor sentiment in large-cap stocks.
Market activities were positive as the total volume of shares traded on the floor of the NGX climbed by 60.12 percent to 443.61 million units valued at N5.05bn in 5,233 deals from 277.04 million units valued at N2.38bn traded in 3,524 deals on Friday.
Sterling Bank Plc was the most traded stock by volume, accounting for 18.31 percent of the total volume traded while Zenith Bank Plc emerged as the most traded stock by value, representing 15.79 percent of the total value of stocks traded.