Nigeria’s equities market started the week with bearish sentiment as 25 stocks ended negative against eight gainers.
WAPCO led the losers’ chart with a price loss of N2.45k to close at N22.20k.
Linkage Assurance Plc followed with a closing price of N0.05k after losing N0.51k while ABCTRANS lost N0.03k to close at N0.31k per share.
Among the eight gainers, Royal Exchange Plc led the chart with a closing price of N0.58k after gaining N0.05k.
UPDC Nigeria Plc followed with a price gain of N0.09k to close at N1.08k while CHI PLC gained N0.04k to close at N0.48k
The day’s trade saw the All-Share Index decline further by 159.31 basis points representing a 0.38 percent decrease to close at 42,008.60 on Monday lower than the 42,167.91 recorded on Friday.
Similarly, the market capitalisation of listed equities dropped further by N83 billion to close at N21.920 trillion showing a 0.38 percent decrease compared to Friday’s N22, 003 trillion.
A total volume of 422.18 million units of shares valued at N4.47 exchanged hands in 5,059 deals.
Bilkisu Pai
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