The Nigerian Stock Exchange All Share Index edged lower on Monday with its year-to-date return declining to +0.10 per cent as equities fell for the fourth session.

Last week, the NSE ASI had shed 2.86 per cent to close on Friday at 41,380.05 basis points.

On Monday, the index fell marginally by 0.02 per cent to close at 41,370.62 basis points as against the 0.89 per cent drop it recorded on Friday.

Meanwhile, the market capitalisation of the listed equities also fell by 0.02 per cent or N4bn on Monday to close at N13.660tn down from Friday’s close of N13.664tn.

The NSE 30 Index shed 1.01 basis points or 0.05 per cent to close at 1,879.26 basis points.

A review of the sectoral indices showed that the NSE Oil and Gas Index rose the most with a 4.08 basis points or 0.86 per cent gain that saw it close at 477.47 basis points.

The NSE Alternative Securities Market Index closed flat at 951.96 basis points, while the NSE Lotus Islamic Index rose by 0.08 per cent to close at 2,770.27 basis points.

The NSE Banking Index on the other hand declined the most, shedding 0.14 per cent or 0.57 basis points to close at 419.64 basis points.

Investors exchanged 177.832 million shares valued at N2.119bn in 4,484 deals with 21 stocks making gains, while 27 shares recorded losses.

Premier Breweries Plc led the gainers, rising by 9.09 per cent or 10 kobo to close at N1.20 per share, Flour Mills of Nigeria Plc led the losers with a 7.39 per cent or N5.44 loss to close at N68.11 per share.

Punch