The Nigerian Stock Market on the first trading of the month closed in red as the All Share Index dropped by 0.04% to stand at 26,990.59 points from the previous close of 27,002.15 points on Friday.
Market capitalisation declined by 0.05% to close at N13.027 trillion against the previous close of N13.033 trillion, shedding N6 billion.
Aggregate volume closed at 246.5 million units, valued at N2.4 billion in 3,093 deals.
The market breadth closed negative as 12 stocks gained against 17 that declined in their share prices.
Unilever with 9.94% growth led other gainers to close at N17.70 from the previous close of N16.10.
LAWUNION and CHAMS PLC among other gainers also grew their share prices by 9.23% and 8.57% respectively.
Sovereign Insurance, UACN and Unity Bank among others shed their share prices by 9.09%, 8.75% and 8.45% respectively.
Zenith Bank traded about 21 million units of its shares in 388 deals, valued at N406 million.