Trading activities on the floor of the Nigerian Stock Exchange, NSE, on Monday, July 6 ended on a negative note as market indices shed 0.29 per cent due to profit taking.
The market capitalization shed N32 billion or 0.29 per cent to close at N11.075 trillion against the N11.107 trillion recorded on Friday, July 3.
Similarly, the All-Share Index plunged by 94.22 points or 0.29 per cent to close at 32,444.12, compared with 32,538.34 achieved on Friday, July 3, following price depreciation.
TOTAL topped the losers’ chart, dropping by N8 to close at N157 per share. Seplat trailed with a loss of N5.95 to close at N336.05, while Guinness Nigeria dipped N4.80 to close at N147.20 per share. Nestle lost N3.99 to close at N850.01 and Mobil dipped N2 to close at N148 per share.
On the other hand, 7UP led the gainers’ table, leaping by N4 to close at N194 per share. Lafarge Africa came second with a gain of N3.50 to close at N104.50, while Forte Oil increased by N2 to close at N192 per share. Flour Mills appreciated by 50k to close at N34, while ETI gained 35k to close at N22.10 per share.
In all, investors traded 155.87 million shares worth N1.66 billion transacted in 3,230 deals, in contrast with 138.55 million shares valued N1.55 billion traded in 2,796 deals on Friday, Jult