The seven day consecutive bull run at the Nigerian Stock Exchange, NSE, was halted o Monday, December 19 trading moves southward.
The All Share Index shed 0.45 percent on from 120.54 points to 26,586.56 points as investors booked profit following gains recorded in recent trading sessions.
Market breadth still closed negative from Friday’s trading session with 16 gainers to 27 losers. Forte Oil led the day’s decliners with a loss of 9.75 percent each to close at N104.91 per share.
NCR trailed closely behind with a plunge of 5.12 percent to close at N8.53 per share. MRS declined by 4.99 percent to close at N43.24 per share, Unilever lost 4.98 percent to close at N37.60 per share, while ETI declined 4.90 percent to close at N11.45 per share.
Conversely, Guinness led the day’s gainers with 9.54 percent to close at N85 per share, Julius Berger followed with a 5 percent growth to close at N36.75 per share while Neimeth Pharamceuticals added 4.55 percent to close at 69 kobo per share.
AG leventis and Dangote Sugar gained 4.23 and 4.10 percent each to close at 74 kobo and N6.35 per share respectively.
The day’s trading volume depreciated by 70 percent to settle at N262.9 million units, while value slumped by 60 percent to settle at N1.75 billion.
