The Nigerian Stock Exchange (NSE) commenced trading for the week on Monday with a loss of 0.30 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. REUTERS/Afolabi Sotundecommenced trading for the week on Monday with a loss of 0.30 per cent.
The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Stanbic IBTC Holdings, Nigerian Breweries, BUA Cement, Ardova and Flour Mills. Honeywell and Stanbic IBTC Holdings dipped 8.33 per cent each to close at 99k and N30.25 per share, respectively.Conversely, Japaul Oil led the gainers’ table in percentage terms, gaining 8.70 per cent, to close at 25k, per share.
Also, the total volume of shares transacted decreased by 28.62 per cent to 124.69 million shares, worth N1.32 billion, exchanged in 3,843 deals.
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