In a mixed trading session on the Nigerian Stock Exchange on Monday, investors saw a loss of N51bn in market capitalisation, closing at N64.3tn.

The NGX All-Share Index dipped by 0.08 per cent, closing at 105,367.25, but gained 2.37 per cent year-to-date.

Despite this, the number of deals increased by 11 per cent. The market recorded a decline in both volume and turnover, with a 1 per cent drop in volume and a 16 per cent fall in turnover, despite a 1.66 per cent gain over the past week.

In the day’s trading session on the exchange, Tantalizer led the volume chart with 48 million shares traded, closely followed by Univinsure with 31.20 million shares. Other notable stocks in terms of volume were AIICO and Chams, with 30.02 million and 29.70 million shares, respectively.

In terms of value, Guaranty Trust Holding was the standout performer, with a market value of N1.42bn from 24,383,113 shares traded. Following closely was Aradel, which posted a total value of N1.20bn from 2,018,029 shares. Beta Glass recorded a value of N474.41m from 7,824,199 shares. At the same time, United Bank for Africa and Zenith Bank rounded out the top five with values of N431.10m and N415.21m, respectively.

In the aggregate, 130 NGX-listed equities participated in trading, ending with 25 gainers and 33 losers.

Despite a downward trend overall, CAP emerged as the top gainer of the day, seeing a 10 per cent increase from N38.00 to N41.80. Other notable gainers included Neimeth International. Pharmaceuticals, which closed at N2.87, marking a 9.96 per cent rise from N2.61, and Livestock Feeds, which closed at N5.55, up 9.90 per cent from N5.05. Additionally, NSLTECH closed at N0.89, gaining 9.88 per cent from N0.81, and International Energy Insurance rose by 8.33 per cent to close at N2.21 from N2.04.

On the other hand, Lasaco Assurance saw the largest loss, dropping 10 per cent to close at N3.24 from N3.60. Northern Nigeria Flour Mills followed with a 9.99 per cent drop, closing at N41.00 from N45.55. Academy Press fell by 9.85 per cent to close at N2.93, down from N3.25. Associated Bus Company also recorded a loss of 9.76 per cent, closing at N1.11 from N1.23, and RT Briscoe closed at N2.32, losing 9.73 per cent from N2.57.

Other indices also showed mixed performance, with the Oil & Gas Index inching up by 0.27 per cent while the Consumer Goods Index saw a minor decline of 0.16 per cent.

The PUNCH reported that investors gained about N1.14tn on bullish sentiments on the Nigerian Exchange Limited last week. The All-Share Index appreciated by 1.80 per cent, closing last week at 105,451.06 points, while market capitalisation increased to N64.303tn.