The Nigerian stock market extended its loss into this week with a -0.12 percent crash in equity capitalization on Monday.
Consequently, the equity capitalization dropped by N36.9 billion from N28.56 trillion posted on Friday to N28.52 trillion today.
The All-Share Index was down by 68.45 basis points to drop from 52,979.96 to 52,911.51.
Investors traded 263.33 million shares valued at N3.54 billion in 4,856 deals on Monday.
This fell short of 436.56 million shares worth N3.22 billion which exchanged hands in 4,716 deals last week.
Conoil led the gainers with N3.10kobo to move from N31.15kobo to N34.25kobo per share.
MRS gained N1.35kobo to move from N13.60kobo to N14.95kobo per share.
McNichols’ share was up by N0.21kobo to end trading with N2.34kobo from N2.13kobo per share.
Academy gained N0.12kobo to close at N1.35kobo from N1.23kobo per share.
NPF Microfinance share appreciated by N0.15kobo to rise from N1.87kobo to N2.02 per share.
Presco topped the losers’ chart after shedding N20 from its market price to drop from N200 to N180 per share.
GSPECPLC’s share dropped by N0.34kobo to end trading at N3.07kobo from N3.41kobo per share.
Neimeth lost N0.17kobo to end trading with N1.59kobo from N1.76kobo per share.
UAC Nigeria’s share depreciated from N14.40kobo to N13.20kobo per share after losing N1.20kobo during trading.
NEM lost N0.34kobo to drop from N4.39kobo to N4.05 per share.
Jaiz Bank led the day’s trading with 114 million shares valued at N101.75 million.
GTCO followed with 12.87 million shares valued at N302.84 million.
Transcorp traded 12.80 million shares worth N16.72 million.
AccessCorp sold 11.65 million shares worth N115.65 million, while Zenith Bank traded 8.57 million valued at N207.02 million.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
FEATURE: Ogun residents, waste collectors trade blames, as refuse litter environment
TIJANI ABDULKABEER, a journalist from the University of Ibadan, during a recent trip to Sango Otta, Ogun State took a look...
INVESTIGATION: How online fraudsters siphon victims’ funds through ‘SportyBet’ platform
As Nigeria transits into a cashless society, the evolution also creates opportunities for internet scammers to take advantage of unsuspecting...
SPECIAL REPORT: Enugu govt watches as waste takes over state, threatens public health, environment
In this report, Arinze Chijioke looks at how delays in evacuation of waste in Enugu State encourages indiscriminate waste disposal, its health implications, and how...
SPECIAL REPORT: Illegal miners degrade Ekiti community, engage in child labour
The activities of illegal miners in a community in Ekiti State have caused degradation of the environment, as miners engage...
SPECIAL REPORT: Inside the illegal trading of forest woods in Cross River community
“With a N20,000 bribe, an external buyer can influence the youth in host communities , Cross River State, to cut...