Transactions on the floor of Nigerian Stock Exchange (NSE) resumed on a negative note on Monday as market capitalisation, which opened atN12.784 trillion, dropped by three billion naira or 0.02 per cent to close at N12.781 trillion.
Also, the All-Share Index lost 8.76 points or 0.02 per cent to close at 36,930.83 from the 36,939.59 achieved on Friday due to price loses.
At the end of the day’s trasanction, Total topped the price losers’ chart by a loss of N11 to close at N225 per share while 7UP followed with N2 loss to close at N88, International Breweries was down by N1.65 to close at N45.20 per share.
Flour Mills dropped by 97k to close at N34.50, while UACN fell 62k to close at N34.50 per share.
On the flip side, Guinness led the price gainers’ table with a gain of N2 to close at N102 per share while Guaranty Trust Bank followed with a gain of 54k to close at N41.75, leaving United Capital at 22k to close at N3.38 per share.
Eterna Oil garnered 20k to close at N4.25, while Cadbury increased by 17k to close at N10.28 per share.
The volume of shares recorded for the day rose by 29.21 per cent as investors exchanged 466.52 million shares valued at N2.90 billion in 4,274 deals.
The development was in contrast to the turnover of 361.05 million shares worth N3.68 billion traded in 4,396 deals on Friday.
Jaiz Bank was the most active stock, trading 226.77 million shares valued at N133.81 million.
