The market index of equities transactions on the Nigerian Exchange dropped by 1.24% to 67,296.18 points on Monday amid profit-taking activities by some stocks.
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In like manner, the market capitalisation shed N464 billion to close the day’s trading at N36,831 trillion as against N37,295 at the close of trading last week.
The market sentiment also closed negative with 16 gainers relative to 43 losers.
Northern Nigeria Flour Mills was top on the gainers list for the day with a closing price of N13.25k having gained 9.96%. It was followed by Oando with a 9.74% price rise and a closing price of N8.45k then Computer Warehouse Group gained 9% to close at N6.30.
On the other hand, Learn Africa came out last on the list of losers with a price decline of 15.64 % to close the day at N3.29k, followed by National Salt Company with a 10% price loss and a closing price of N52,20 while E-Tranzact International also dropped by 10% to close at N9.00.
United Bank for Africa, had the highest volume of trade for the day at 73.8 million traded shares and was followed by Access Holdings with 57.7 million shares.
At the end of the day’s trading, a total of 520,133 million shares valued at N8.3 billion were traded in 9,914 deals.
