NSE market indices dip by 0.24%

Weekly transactions on the Nigerian Stock Exchange opened on Monday on a negative note as a result of price losses by some highly capitalised stocks.
The News Agency of Nigeria reports that the All-Share Index, which opened at 36,907.81, dropped by 90.07 points to close at 36,817.74.
Similarly, the market capitalisation dipped by N28 billion or 0.24 per cent to close at N11.77 trillion against the N11.79 trillion achieved on Friday.
Nestle led the price losers’ pack by N5 to close at N945 per share. CAP lost N4.99 to close at N62.51, while Dangote Cement shed N3.99 to close at N183.01 per share.
The Nigerian Breweries dipped by N2.83 to close at N176.17, while Okomuoil lost N2.14 to close at N51.80 per share.
Conversely, Unilever led the price gainers’ chart by N5.75 to close at N70.79 per share.
PZ Cussons trailed with a gain of N4.45 to close at N49.45, while Guinness appreciated by N3 to close at N278 per share.
Northern Nigeria Flour Mills rose by N2.14 to close at N23.56, while Lafarge Wapco gained N1.85 to close at N94 per share.
The volume of shares traded dropped by 19.29 per cent as a total of 390.92 million shares worth N4.05 billion were traded in 6,426 deals.
This was in contrast to the 484.35 million shares worth N4.17 billion traded in 5,702 deals on Friday.
The banking sub-sector remained the toast of investors. Skye Bank emerged the most traded stock, accounting for 42.39 million shares worth N216.32 million.
Fidelity Bank came second on the activity chart with a turnover of 27.89 million shares valued at N86.55 million, while Sterling Bank sold 27.62 million shares worth N78.84 million.