The Nigerian equities market commenced the new trading week on a subdued note as investors lost N77bn.
The All‑Share Index lost 118.66 points, representing a decline of 0.05 per cent, to close at 247,238.74 points. Also, market capitalisation shed N77bn to close at N159.511tn.
The downturn was driven by price depreciation in large‑ and medium‑capitalised stocks, including Transcorp Power, Fidson Healthcare, BUA Cement, Nigerian Aviation Handling Company, and NEM Insurance.
Investor sentiment was negative, as 32 decliners outpaced 27 advancers. Thomas Wyatt Nigeria emerged as the highest price gainer with a 9.92 per cent increase to close at N3.99 per share.
Lasaco Assurance followed with a gain of 9.89 per cent to close at N2.00, while Critical Minerals Financing Corporation rose 9.18 per cent to close at N3.45 per share.
Chams Holding Company increased 7.78 per cent to close at N4.85, while Nigerian Exchange Group rose 6.96 per cent to close at N158.30 per share.