The bear dominated trading activities on the floor of the Nigerian Exchange Group Limited, NGX on Monday with a drop of 0.05 percent on major indices.
At the end of the day’s business, market capitalisation of listed equities declined by N15.9 billion to close at N29,899 trillion lower than the Friday’s N29,915 trillion.
Similarly, the NGX All-Share Index, ASI depreciated by 29.35 basis points representing a 0.05 % drop to close at 54, 886.04 points lower than the 54,915.39 of the previous day.
The Exchange however recorded 19 gainers and 14 decliners at the close of the trading session.
Profit-taking activities were recorded in the market on ACCESSCORP, CUTIX and UPL shares as their respective prices increased by 7.14%, 5.96% and 5.53%.
On the other hand, IKEJA Hotel, WAPIC and STANBIC shares dropped by 9.52%, 9.52% and 8.52% on their respective prices.
Meanwhile, trading activity inched up with total deals, volume, value increasing by 3.87%, 646.50%, and 83.83%, respectively, to 3,066 trades, 1,171.81 million units, and N2.88 billion.
In terms of volume, Neimeth was the most active stock for the day with 106.8 million shares worth N1.58 million exchanging hands in 15 deals.
