Transactions at the Nigerian Stock Exchange (NSE) on Monday recorded losses totalling N233 billion following drop in values of major equities.
The News Agency of Nigeria (NAN) reports that market capitalisation which opened at N9.30 trillion dipped by N233 billion or 2.61 per cent to close at N9.06 trillion.
Lafarge Africa led the losers’ chart with a loss of N10.14 to close at N94.86 per share.
Dangote Cement followed with a loss of N6.89 to close at N153.10 per share, while Nigerian Breweries dropped by N3.26 to close at N106.24 per share.
7UP shed N3 to close at N182 per share, and PZ decreased in value by N1.08 to close at N22.21 per share.
Conversely, Total led the gainers’ table, growing by N7.42 per share to close at N155.95 per share.
Ashaka Cement gained N1.20 to close transaction at N1.19 per share, while MC Nicholas appreciated by 5k to close at N1.03 per share.
Wema Bank and Learn Africa gained 3k each to close at N1.03 and 85k per share, respectively.
GT Bank was the most traded stock as investors’ staked N844.29 million on 47.08 million on its shares in 277 deals.
UBA sold 19.95 million shares valued at N60.24 million traded in 176 deals, while FBN Holdings accounted for 11.95 million shares worth N52.19 million in 343 deals.
Custodian and Allied Insurance recorded a turnover of 5.01 million shares valued at N20.34 million transacted in five deals, while Access Bank earned N22.43 million from sale of 4.92 million shares in 84 deals.
NAN reports that turnover volume closed lower with a total of 127.68 million shares valued N1.37 billion in 2,474 deals.
This was in contrast with 235.55 million shares worth N1.94 billion posted in 2,953 deals on Friday.
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