Specifically, investors lost N248 billion or 0.44 per cent, as the market capitalisation, which opened at N56.423 trillion, closed at
The Nigerian stock market on Monday opened on a negative note, with performance indices dropping by 0.44 per cent.
Losses in Guaranty Trust Holding Company, Zenith Bank, FBN Holdings, International Breweries, Oando Plc, Dangote Sugar, among other declined equities propelled the weakness in the market.On the losers’ chart, International Breweries led by 44k to close at N3.96, Deap Capital Management and Trust Plc and Daar Communications followed by 5k each to close at 51k and 52k per share respectively.
John Holt gained 25k to close at N2.86, Thomas Wyatt rose by 20k to close at N2.30 and Transcorp Hotel added N8.40 to close at N98.40 per share. Meanwhile, FBN Holdings led the activity chart in volume and value with 627.64 million shares worth N13.45 billion, Beta Glass followed by 34.70 million shares valued at N1.9 billion.
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