Nigerian equities market resumed the week on a negative note as the Nigerian Stock Exchange All Share Index lost 0.07 percent to close at 27,839.93 points while investors likewise lost N6.4 billion as market capitalisation close at N9.563 trillion in contrast to N45.7 billion gained last Friday when the market capitalization closed at N9.569 trillion.
The yesterday’s performance raised the Year to Date (YtD) losses to 2.79 percent, even as the day’s trading activities showed positive investors’ sentiment with market breadth closed with 27 gainers to 18 losers.
7up Plc led theyester day’s losers with a decline of 4.98 percent or N7.30 to close at N139.15 per share, Fidson Health Care Plc lost 4.97 percent or 8 kobo to close at N1.53 per share, PZ Nigeria Plc depreciated 4.89 percent or 93 kobo to close at N18.07 per share Avon Crown Plc recorded a depreciation of 4.35 percent or 6 kobo to close at N1.32 per share and Africa Prudential Plc dropped 4.26 percent or 12 kobo to close at N2.70 per share.
On the other hand, Conoil Plc remained the toast of investors, topping the yesterday’s 27 advancing stocks for the fifth consecutive trading session with a gain of 10.24 percent or N3, Total Nigeria Plc followed with an appreciation of 5.00 percent or N12.50 to close at N262.50 per share, MRS Oil Plc added 4.99 percent or N1.83 to close at N38.48 per share, Transcorp Plc grew 4.81 percent or 5 kobo to close at N1.09 per share and Skye Bank Plc increased by 4.76 percent or 3 kobo to close at 66 kobo per share.
The top three traded stocks were: Access Bank Plc that exchanged 84.1 million shares worth N468.6 million, First Bank Nigeria Holdings (FBNH) Plc came second with the sale of 54.1 million shares worth N166.4 million, and UBA Plc traded 38.9 million stocks valued at N163.4 million.
Market activity as measured by volume and value traded a settled at 328.2 million units and N2.9 billion respectively from 228.9 million and N2.11 billion traded previously.


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