After recording a week-on-week performance of 1.10 per cent, following gains recorded in four trading sessions the previous week, the Nigerian equities market started the week on a poor note yesterday with a loss of 0.04 per cent.
Fuelled by the news of its planned acquisition of
At the close of business yesterday, the
Also, the market capitalisation of listed equities decreased to N12.848 trillion from N12.853 trillion last Friday.
Similarly, trading activities depreciated by 53.37 per cent as investors bought 206.69 million shares worth N2.73 billion, in 4,406 deals, compared to 443.22 million shares worth N3.76 billion, in in 4,571 deals exchanged last Friday.
The banking sector of the Financial Service sector remained the most active in terms of the volume of shares sold. It led the equities sector with a total of 104.29 milion ordinary shares valued at N1.32 billion made in 1,496 deals.
A total number of 23 stocks gained on the bourse yesterday while 26 stocks declined leaving 77 stocks unchanged.
On the flip side,
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