Equity trading on the Nigerian Stock Exchange (NSE) started the week on a negative note as lead indicators fell by 1.10 per cent.
While the NSE All-Share index depreciated by 310.79 points to close at 27,820.49 points against 71.92 points lost last Friday to close at 28,131.28 points, market capitalization declined by N106.8 billion to close at N9.564 trillion against N24.7 billion lost previously to close at N9.670 trillion.
Investors on the exchange today traded a total of 154.8 million shares worth N2.2 billion in 2,663 deals compared to 142.614 million shares worth N1.051 billion traded last session.
At the close of today’s trading Etranzact Plc led 9 equity gainers with a 4.65 or 12 kobo gain to close at N2.70 while Portland Paints Plc added 4.38 per cent or 17 kobo to close at N4.05 followed by FCMB Plc which added 4.28 per cent or 8 kobo to close at N1.95 per share.
Livestock Plc rose by 3.40 per cent or 5 kobo to close at N1.52 per share, while PZ Cussons Plc increased 3.35 per cent or 88 kobo to close at N27.13 per share.
On the other hand, Champion Breweries Plc topped 26 equity losers with a 5.00 per cent or 20 kobo decline to close at N3.80 per share, followed by Guinness Nigeria Plc which depreciated 4.99 per cent or N6.40 to close at N121.84 per share, while Nigerian Aviation Handling Company Plc fell by 4.96 per cent or 19 kobo to close at N3.64 per share.
UAC- Property Plc also dipped by 4.86 per cent or 32 kobo to close at N6.26 per share while May and Baker Nigeria Plc dropped 4.76 per cent or 5 kobo to close at N1.00 per share.
By Pita Ochai