The Nigerian Stock Exchange market capitalisation opened the week on Monday with a huge loss of N329 billion due to persistent fall in global oil price and rising cases of COVID-19.
Consequently, the Month-to-Date return loss stood at 2.2 per cent, as Year-to-Date loss also increased to 4.5 per cent. Access Bank, Conoil, Cornerstone Insurance, Fidelity Bank, Nigerian Aviation Handling Company, Oando, Stanbic IBTC Holdings, United Capital and Unilever Nigeria led the losers’ chart by 10 per cent each, to close at N7.65, N16.20, 45 kobo, N1.80, N2.25, N2.43, N31.50, N2.34 and N11.70, per share, respectively.
This was in contrast with a turnover of 361.11 million shares worth N4.28 billion traded in 4,602 deals on Friday.
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