The
Specifically, the All-Share Index (ASI) dipped 72.83 points to close at 24,753.92 compared with 24,826.75 achieved on Friday.
Also, the market capitalisation which opened at N12.951 trillion lost N38 billion or 0.30 per cent to close at N12.913 trillion.
The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are;
On market performance, analysts at
Also, analysts at
They added that some active traders would buy into some stocks that have shed weight in the previous weeks.
They urged that investors with long-term investment goals should continue to build their portfolios given the current attractive valuation of most fundamentally viable stocks.
Market breadth closed negative with 11 gainers compared with 26 laggards.
Neimeth led the losers' chart in percentage terms, dropping 9.74 per cent, to close at N1.39 per share.
Chams declined by eight per cent to close at 23k, per share.
Conversely, Japaul Oil led the gainers' table in percentage terms, gaining 8.70 per cent, to close at 25k, per share.
Nestle trailed with 7.72 per cent to close at N1,179, while Fidson appreciated by 7.49 per cent to close at N3.30, 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.
This was against a turnover of 174.68 million shares valued at N2.01 billion achieved in 3,695 deals on Friday.
Transactions in the shares of Japaul Oil dominated the activity chart with 13.61 million shares worth N3.30 million.
(NAN)
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