Activities on the Nigerian Stock Exchange opened for the week on Monday with a loss of 0.12 per cent, driven by investors’ sell-off of UBA, FBN Holdings and Lafarge Africa.
Similarly, the All-Share Index, which opened at 22,733.35 lost 28.16 points or 0.12 per cent to close at 22,705.19. A breakdown of the price movement table indicates that Lafarge Africa topped the losers’ chart, declining by 65k to close at N10 per share. Zenith Bank followed with a gain of 90k to close at N12.80, while Union Bank of Nigeria gained 60k to close at N6.60 per share.In the same vein, the total volume of shares traded decreased by 24.78 per cent with an exchange of 551.48 million shares valued at N5.76 billion traded in 6,981 deals.Guaranty Trust Bank was the most active stock, exchanging 137.23 million shares valued at N2.61 billion.