NSE re-opened on a downward trend as indices dips by 0.08%

Equities transactions on the Nigerian Stock Exchange (NSE) re-opened on Monday on a negative note with highly capitalised companies recording some price losses. The All-Share Index dropped by 23.79 points to close at 27,272.56 points as against 27,296.35 points recorded on Friday.
The market capitalisation of all listed equities which opened at N8.697 trillion depreciated by N7 billion to close at N8.690 trillion. Nestle led the losers’ chart with N2 to close at N682 per share. CAP followed by shedding N1.17 to close at N30.02 per share while Access also dipped with 20k to close at N9.20 per share. UBA depreciated by 17k to close at N5.04 per share while UBN fell by 15k to close N7.84 per share.
On the other hand Cadbury led the price gainers table with 99k to close at N30.89 per share. FlourMill came second with 49k to close at N66.50 per share, while DN Meyer rose by 29k to close at N3.22 per share. Zenith Bank gained 20k to close at N18.40 per share while Port paint share grew by 18k to close N3.80. Overall investors bought 278.74 million shares worth N2.7 billion traded in 4,552 deals as against 313.29 million shares worth N3.2 trillion exchanged in 4,589 deals on Friday.