The Nigerian Exchange (NGX), which concluded Friday's trading session in the red, was dominated by bearish investors.
The All-Share Index (ASI) traded 1.39% lower to close at 67,324.59 index points as opposed to 68,271.14 index points registered in the trading session the day before.
Similarly, the market value of shares fell by N518 billion to settle at N36.847 trillion, 1.39% lower than the N37.365 trillion registered in the previous trading session.
The market indexes reflect the following values throughout today's trading session: The NGX All-Share Index (ASI), which had a day move of -1.39% and a year-to-date (YTD) performance of +31.36%, finished the day at 67,324.59 points.
The total value of the markets was N36.847 trillion. 6.370 individual trades of N5.82 billion were executed in a sizeable trading volume of 1.03 billion shares, demonstrating the active market activity and liquidity.
NEM (10.00%) topped the gainers and OANDO (-9.89%) headed the losers, with UNIVINSURE being the most actively traded equity by volume at the finish of today's session.
The top gainers were NEM, LASACO, and CORNERST, who each had gains of +10.00%, +9.68%, and +9.60%, respectively.
OANDO, DANGOTE CEMENT, and IKEJA HOTEL, which lost -9.89%, -8.49%, and -8.09%, respectively, lead the list of the top losers.
Compared to the 1.12 billion shares moved during the previous session, there was less trading activity today, with 1.03 billion shares changing hands.
In terms of volume, UNIVINSURE topped the list with 670.23 million units traded. The top 3 traded equities for today were OANDO (60.09 million) and STERLING (65.17 million).
OANDO (N719.98 million) led the list in terms of value traded, with ACCESS HOLDINGS (N561.45 million) and UBA (N427.86 million) rounding out the top three.
Shares of companies with market capitalizations exceeding $1 trillion (swoot) performed inconsistently, with ZENITH BANK (0.15%) posting good trading sessions while DANGOTE CEMENT (-8.49%) and GTCO (-0.14%) had negative ones.
BUA CEMENT, BUA FOODS, SEPLAT ENERGY, MTN NIGERIA, and AIRTEL AFRICA all experienced flat closing prices at the same time.
Shares of Tier 1 banks experienced a mixed trading session, with UBA (2.6%), ACCESS HOLDINGS (2.07%), and ZENITH BANK (0.15%) all recording positive sessions, while GTCO (-0.14%) closed in the red and FBN HOLDINGS closed unchanged.