Weekly activities on the Nigerian Stock Exchange opened on Monday on a depressed note with the All-share index dropping significantly by 271.24 points.
It closed at 23,531.55 from the 23,802.79 achieved at the close of transactions on Wednesday-- the last trading day last week.
A News Agency of Nigeria (NAN) report said 43 stocks shed prices while the prices of 18 appreciated.
The market capitalisation also lost N60 billion to close at N5.77 trillion against N5.83 trillion recorded last week Wednesday.
Oando topped the price losers' chart, dropping by N2.95 to close at N56.20 kobo.
Dangote Flour went down by N0.89 kobo to close at N17.01 kobo while Guaranty Trust Bank depreciated by N0.69 kobo to close at N14.81 kobo Julius Berger led the price gainers, appreciating by N1.52 kobo to close at N57.50 kobo
Wapco went up by N1.50 kobo to close at N36.50 kobo while Ashaka Cement gained N1.33 kobo to close at N24.33 kobo
The Banking sub-sector dominated transactions with a total of 140.18 million shares worth N1.08 billion traded in 2,718 deals.
Activity in the sub-sector was enhanced by shares of Guaranty Trust Bank which traded 33.44 million shares worth N506.56 million in 519 deals.
The insurance sub-sector traded 14.24 million shares valued at N17.55 million in 166 deals.
Investors in the Conglomerates sub-sector exchanged 12.05 million shares valued at N297.40 million in 226 deals.
A total of 203.32 million shares valued at N2.86 billion were traded in 5,004 deals compared to the 211.05 million shares valued at N2.42 million traded in 6,358 deals on Wednesday
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