The Nigerian stock market on Monday resumed the week on a bearish note as profit taking persist by investors.
The All Share Index depreciated by 0.38% to close at 42,008.60 points from the previous close of 42,167.91 points.
The Market Capitalisation declined by 0.38% to close at N21.920 trillion from the previous close of N22.003 trillion, thereby shedding N83 billion.
An aggregate of 422.18 million units of shares were traded in 5,059 deals, valued at N4.47 billion.
The Market Breadth closed negative as 10 equities emerged as gainers against 24 equities that declined in their share prices.
Percentage Gainers
Royal Exchange led other gainers with 9.43% growth to close at N0.58 from the previous close of N0.53.
UPDC and Consolidated Hallmark Insurance among other gainers also grew their share prices by 9.09% respectively.
Percentage Losers
Lafarge Africa led other price decliners as it shed 9.94% of its share price to close at N22.20 from the previous close of N24.65.
Linkage Assurance and ABC Transport among other price decliners also shed 8.93% and 8.82% of their share prices respectively.
Volume Drivers
FBNH traded about 128.87 million units of its shares in 238 deals, valued at N1.51 billion.
Sterling Bank traded about 77.77 million units of its shares in 33 deals, valued at N115.78 million.
GTCO traded about 47.79 million units of its shares in 422 deals, valued at N1.15 billion.