Market capitalisation falls by N89.14bn

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The stock market of the Nigerian Exchange Limited on Monday began the week on a negative note as the market capitalisation lost N89.14bn.

On the bearish log, Chellarams led the losers’ chart by 9.70 per cent to close at N1.21, per share. Prestige Assurance followed with a decline of 8.70 per cent to close at 42 kobo, while Livestock Feeds lost 7.69 per cent to close at N1.20, per share.

Meanwhile, the total volume traded rose by 2.16 per cent to 221.854 million shares, worth N3.25bn, and traded in 5,219 deals.

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