Trading activities on the equities market of the Nigerian Exchange closed in red on Monday as major market indicators dropped by 0.15 percent.
The market capitalisation depreciated by N108bn to close at N72, 680 trillion as against N72,788 trillion recorded at the close of trading on Friday while the all-share index shed 0.15 percent to close at 115,258.77 points compared to 115, 429.54 points at the close of trading last week .
The losses were reflected in the market sentiment as trading closed with 43 losers relative to 21 gainers at the end of the day’s trading.
Guinea Insurance led the gainers table
with 10% price gain to close at N0.77k. It was followed by Ellah Lakes with 9.93% price gain closing at N4.76k and Legend Internet gained 9.87% to close at N7.79k.
On the other hand, Northern Nigeria Flour Mills topped the decliners list with a 10% loss to close at N101.30k followed by C&I Leasing with 9.68% loss closing at N4.20k while University Press came after with 9.27% loss to close at N4.99k per share.
Access Holdings emerged as the most active stock on Monday recording the highest volume of 92.7 million shares followed by United Bank for Africa with 91.4 million traded shares.
Overall, the day’s trading saw a total of 721, 751 million shares with market value of N22, 010 billion traded in 22, 100 deals.
Victoria Ibanga