Equity transactions at the Nigerian Stock Exchange, NSE, on Monday, July 18, kicked off trading in the Reds as lead market indicators slid by 0.25 per cent.
Consequently, the market capitalisation lost N24.6 billion to close at N9.868 trillion compared to a gain of N35.2 billion to close at N9.893 trillion recorded on Friday, July 15.
An analysis of the price movement chart indicated that Lafarge Africa led the losers’ table with a loss of N3.38 to close at N63.22 per share. Nestle came second with a loss of N2 to close at N850 per share, while Nigerian Breweries shed 95k to close at N133.08 per share.
Cadbury lost 30k to close at N16 and Oando also shed 28k to close at N6.60 per share. Conversely, Forte Oil led the gainers’ table with a gain of N14.62 to close at N194.90 per share.
Glaxosmithkline gained 55k to close at N18.60 per share, while Okomuoil increased by 22k to close at N31.50 per share. Access Bank rose by 18k to close at N5.58 and Afri Prudential chalked up 11k to close at N3.20 per share.
