NGX: Equities market begins trading week with N91bn loss

Toyin Ajadi

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Transactions in the equities market closed on a negative note on the first trading day of the week as investors lost N91 billion to close the day’s trading at N20.487 trillion compared to N20.578 trillion on Friday last week.

 

The All-Share Index shed 0.44% or 175.42 points to close at 39,306.47 points as against 39,481.89 points of the last trading day last week.

 

Monday’s trading saw a total of 357.693 million shares worth N3.564 billion traded in 4,394 deals.

 

Eternal led the gainers on Monday as it appreciated by N0.65k to close at N7.25k, followed by Royal Exchange, which gained N0.25k to close at N0.83k while Caphotel gained N0.20k to close at N2.40k.

 

Conversely, Enamelware led the losers’ chart having lost N1.95k to close at N17.95K

 

It was followed by African Prudential which lost N0.45k to close at N6.05k, then NPF Microfinance Bank, which lost N0.12k to close at N1.75k.

 

Out of the five sectoral indices tracked, four closed in the red while one closed positive:

 

The banking index lost 0.05%; Insurance index lost 0.28%; the Consumer goods index lost 0.08%; while the Industrial index shed 0.66%

 

The Oil and Gas index gained 0.61%.

 

Amaka E. Nliam

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