Stock Market Dips: Investors Lose N72.51bn as NGX Slips

Trading on the Nigerian Exchange Ltd. (NGX) closed negatively, with investors losing N72.51 billion on Monday.

 

The market capitalisation, which opened at N67.418 trillion, fell by 0.10 per cent to close at N67.345 trillion.

 

Similarly, the NGX All-Share Index (ASI) dropped by 0.10 per cent, settling at 107,937.74 points.

 

The total value of shares traded was N12.806 billion across 17,095 deals on Monday.

 

By the close of trading, 20 companies recorded gains, while 42 equities declined in value.

 

Nigerian Breweries led the gainers, rising by 10 per cent, gaining N3.30 to close at N36.30. Cadbury followed, increasing by 9.97 per cent to N32.00.

 

Ikeja Hotel topped the losers, shedding 10 per cent, dropping N1.40 to close at N12.60. Learn Africa also fell by 10 per cent, losing 43k to settle at N3.87.

 

 

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