Market capitalisation also closed higher at N12.688 trillion from a previous close of N12.680 million.
Market breadth, however, negated the positive all share index daily change to close in favor of the bears with a count of 21 losers as against 18 gainers.
ASEM, Lotus, NSE 30, Banking and Oil&Gas sector indices all closed higher relative to their previous trading levels while the Insurance, Consumer Goods and Industrial sector performance indicators recorded negative daily changes with the Industrial sector recording the greatest loss of 1.46 percent.
Banking stocks took the lead on both value-based and volume-based performance charts as FBN Holdings, Diamond Bank, United Bank of Africa, Zenith Bank and Transnational Corporation topped the latter in order of appearance while Zenith Bank, Dangote Cement, Guaranty Trust Bank, FBN Holdings and United Bank of Africa make up the respective top five spots in the former.
The value and volume of trades both dropped by 39.36 percent and 30.27 percent to close at N1.82 billion and 175 million shares respectively.
Gains recorded in the market on Monday despite the fall in both the value and volume of trade is owed to the increased activity in high cap stocks like Dangote Cement, Transnational Corporation and some of the banking stocks.