NSE loses N351.8b, as CCNN, Dangote Cement, GTB top losers table

Trading on the floor of Nigerian Stock Exchange started the week by dipping further on Monday as market capitalization dropped by N351.8 bn or 2.8 per cent to close at N12.354 trn from N12.705 trn it closed on Friday.

Consequently, the NSE All Share Index (ASI) which serve as the key benchmark index dropped 2.76 per cent from 36,864.71 on Friday to settle at 35,844 basis points.

The number of gainers at the close of trading session on Monday was 23 while 27 equities recorded decline. The market recorded a turnover of 490.2 million shares worth N5.3 billion in 5,558 deals

Leading the day’s losers were Cement Company of Northern Nigeria (CCNN) with a loss of 9.65 per cent at a close of N8.33 per share. Dangote Cement and Guaranty Trust Bank (GTB) followed with a loss of 4.99 percent each to close at N223.75 and N39.05per share respectively

On the gainers table, Dangote Sugar Plc led with a gain of 10.22 per cent to close at N11.97 per share while Nascon Allied Plc followed with a gain of 10.15 per cent to close at N10.42 per share and CI Leasing gained 8.70 per cent to close at 75 kobo per share.