Domestic equity market on Monday closed southwards declining by N304 billion following profit taking activities in the shares of GTCO, AccessCorp, Sterling Bank, Zenith Bank, Sterling Bank among others.
The market capitalization of listed equities went down by 0.53 per cent to 101777.12 points from 102314.56 points traded the previous day.
The NGX All Share Index also depreciated by 537.44 basis points to 101777.12 points from 102314.56 points it closed on Friday.
As a result year to date return stood at 36.11 per cent as NGX printed 10 gainers and 32 losers at the end of trading on Monday.
An analysis of the investment showed that UPDC led gainers table with a gain of 10 per cent to close at N1.43 per share, Morison industry followed with a gain of 9.77 per cent to close at N2.81 per unit, NEM Insurance added 8.90 per cent to close at N10.40 per share, Daar Communications increased 7.69 per cent to close at N0.70 per unit, Oando Plc added 6.77 per cent to close at N13.40 per share.
On the contrary Fidelity Bank topped losers chart, 10 per cent to close at N9.00 per share, Jaiz Bank followed with a loss of 9.69 per cent to N2.05 per share, RTBriscoe 8.47 per cent to close at N0.54 per unit, GTCO Plc dropped by 7.73 per cent to close at N38.20 per unit while Universal insurance down by 7.69 per cent to close at N0.36 per share.
Volume of shares declined 407.404 million , representing 55.50 per cent as investors traded 326.639 million shares worth N7.169 billion in 10777 deals against 734.043 million shares valued at N21.585 billion in 12491 deals.
