NSE indices dip by 0.43%

Equity transactions on the Nigerian Stock Exchange re-opened on Monday on a negative note as some blue chips recorded price losses. The All-Share Index dropped by 113.77 points or 0.43 per cent to close at 26,380.67 against the 26,494.44 recorded on Friday. The market capitalisation of all listed equities, which opened at N8.465 trillion, depreciated by N36 billion to close at N8.429 trillion.
NewGold led the losers’ chart with a loss of N24 to close at N2,628 per unit. Northern Nigerian Flour Mill followed by shedding 92k to close at N17.51 per share, while Stanbic IBTC also dipped by 58k to close at N11.19 per share. Forte Oil depreciated by 44k to close at N8.40 per share, while GTBank fell by 35k to close N19 per share.
On the other hand, Guinness led the price gainers with N9.81 to close at N240 per share, while Nigerian Breweries trailed with N1.72 to close at N142 per share. PZ Cusson appreciated by 30k to close at N27.98, while Air Service grew by 10k to close N2.70 per share. In all, investors exchanged 252.58 million shares worth N2.0 billion in 3,507 deals against the 226.49 million shares worth N2.3 trillion exchanged in 3,582 deals on Friday.