Equities investors at the Nigerian Exchange (NGX) lost N25 billion amid bargain hunting on the first trading day of the week.
The All-Share Index dropped by 0.12% to close at 39,434.69 basis points lower than the 39,483.08 points recorded on Friday.
Similarly, the market capitalization depreciated by N25 billion to close the day at N20.546 trillion as against Friday’s N20.571 trillion.
Monday’s trading saw a total of 211.32 million shares valued at N2.02 billion traded in 3,939 deals.
The market sentiment as measured by market breadth was, however, positive as trading closed with 21 gainers and 11 losers.
Top on the gainers’ list for the day was FTN Coca Processors with N0.04k gain to close at N0.44k.
Pharm Deko Plc gained N0.17k to close at N1.89k, while Transcorp Hilton gained N0.39 to close at N3.92k.
Leading the losers’ chart, Wapco Nigeria lost N1.20k to close at N21.50. It was followed by PZ which lost N0.25k to close at N5.75k, then Union Bank of Nigeria Plc, which lost N0.20k to close at N5.05k.
CHAMS Plc recorded the highest volume of 47.9 million shares followed by GTCO Plc with 20.9 million shares.
