It was yet another bearish session on the floor of the Nigerian stock market on Monday as downtrend extended on profit taking by investors.
The All Share Index dropped by 0.15% to close at 105,799.17 points from the previous close of 105,955.13 points.
The Market Capitalisation declined by 0.01% to close at N66.344 trillion from the previous close of N56.352 trillion, thereby shedding N8 billion.
An aggregate of 477.5 million units of shares were traded in 13,520 deals, valued at N7 billion.
The Market Breadth closed negative as 18 equities emerged as gainers against 35 equities that declined in their share prices.
Percentage Gainers
Academy Press led other gainers with 9.92% growth to close at N2.88 from the previous close of 2.62.
NEIMETH and TANTALIZER among other price decliners also shed their share prices by 8.43% and 6.83% respectively.
Percentage Losers
ETRANZACK led other price decliners as it shed 10.00% of its share price to close at N5.85 from the previous close of N6.50.
Sunu Assurance and Prestige Assurance among other price decliners also shed their share prices by 9.92% and 8.26% respectively.
Volume Drivers
Jaiz Bank traded about 197 million units of its shares in 298 deals, valued at N606 million.
Zenith Bank traded about 929 million units of its shares in 636 deals, valued at N1.2 billion.
Sovereign Trust Insurance traded about 19 million units of its shares in 264 deals, valued at N18.5 million.