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Investors lose N36.9bn as Nigeria’s capital market continues bearish run

The Nigerian stock market extended its loss into this week with a -0.12 percent crash in equity capitalization on Monday, IgbereTV reports

Consequently, the equity capitalization dropped by N36.9 billion from N28.56 trillion posted on Friday to N28.52 trillion today.

The All-Share Index was down by 68.45 basis points to drop from 52,979.96 to 52,911.51.

Investors traded 263.33 million shares valued at N3.54 billion in 4,856 deals on Monday.

This fell short of 436.56 million shares worth N3.22 billion which exchanged hands in 4,716 deals last week.

Conoil led the gainers with N3.10kobo to move from N31.15kobo to N34.25kobo per share.

MRS gained N1.35kobo to move from N13.60kobo to N14.95kobo per share.

McNichols’ share was up by N0.21kobo to end trading with N2.34kobo from N2.13kobo per share.

Academy gained N0.12kobo to close at N1.35kobo from N1.23kobo per share

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