The equities market resumed the week negative as market indicators of the Exchange fell by 2.64 percent as a result of profit taking as well as cautious trading amidst cautious trading across global markets on the account of the Britain vote to exit the European Union. The Market Capitalisation closed at N10.248 trillion as against the opening value of N10.526 trillion, translating to N278 billion loss suffered by investors.
The NSE All Share Index (ASI) depreciated by 809.43 points to close at 29,840.23 points compared with the decline of 1.36 percent at 30,649.66 basis points on Friday.
Fidson Health Care Plc led 16 gainers against 40 losers, topped by UCAP Plc when compared with previous outlook of 22 gainers to 30 losers.
UCAP Plc led the day’s losers with a value depreciation of 7.94 per cent or 20 kobo to close at N2.32 per share followed by Zenith Bank Plc which lost 6.12 per cent or N1.04 kobo to close at N15.96 per share while Stanbic IBTC Plc dropped 5.00 per cent or 85 kobo to close at N16.15 per share. Forte Oil Plc depreciated by 5.00 percent or N10 to close at N190 per share while Seplat Petroleum Development Company Plc fell by 4.98 per cent or N17.37 to close at N331.60 per share.
Fidson Healthcare was followed by Julius Berger Plc which added 5.00 per cent or N2.20 to close at N46.20 per share while GSK Plc gained 4.97 per cent or N1.10 to close at N23.22 per share. PZ Cussons Plc appreciated by 4.96 per cent or N1.07 to close at N22.65 per share and Transnationwide Express Plc rose by 4.96 per cent or 74 kobo to close at N1.48 per share.
A of 375.2 million shares worth N4.03 billion were traded in 4,229 deals against 444.5 million shares worth N3.7 billion exchanged in 5,565 deals on Friday.
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