Lagos Trading activities on the fl oor of Nigerian Stock Exchange yesterday opened week in nagative trend, shedding N150 billion. Market capitalisation of listed equities declined by 1.02 per cent to N14.603 trillion from N14.753 trillion traded on Friday. The Nigerian Stock Exchange All Share Index also depreciated by 411.96 basis points to 40429.18 from 40841.14 reported previously. Investors traded 287.036 million shares worth N4.947 billion in 4285 deals against 501.963 million shares valued at N5.846 billion exchanged hands in 6108 deals. An analysis of the investment showed that Glaxosmith Kline led gainers table during the day, growing by N10.00 to close at N30.00, Champion Breweries followed with a gain of N0.20 kobo to close at N2.48 kobo, Cement Company of Northern Nigeria gained N0.20 kobo to close at N18.00, Fidson Healthcare added N0.12 kobo to close at N5.80 kobo, Axa Mansard grew by N0.12 kobo to close at N2.52 kobo.
On the contrary, Unilever Nigeria Plc recorded the highest loss for the day, shedding N4.80 kobo to close at N55.00, Lafarge Wapco trailed with a loss of N3.20 kobo to close at N41.00, Dangote Cement fell by N2.90 kobo to close at N252.00, Guinness Nigeria Plc depreciated by N1.00 to close at N103.00 while Dangote Flour Nigeria Plc declined by N0.65 kobo to close at N13.15 kobo. Further analysis showed that FBN Holdings Plc led trading activities during the day exchanging 29.581 million shares worth N359.098 million, Skye Bank followed with account of 23.120 million shares valued at N15.040 million, FCMB group traded 22.946 million shares cost N53.936 million, Zenith International Bank sold 22.492 million shares worth N606.936 million while Nigerian Breweries exchanged 20.641 million shares worth N2.582 billion.
