Nigerian stocks saw further slide on Monday, shedding 0.19 per cent as traders continued to make profit-taking efforts, heaping more pressure on equities that fell by more than half a trillion in the week that just went by.Market breadth, which measures investment sentiment, closed on a negative note with 19 losers reported against 13 gainers. The rest 65 stocks that partook in Monday trade saw no movement in price.
The all-share index dropped to 37,585.25 points, while market capitalisation weakened N34.3 billion to N19.593 trillion, the lowest point since the year began.Ikeja Hotel led the gainers’ chart, appreciating by 10 per cent to close at N1.10. Fidson went up by 7.91 per cent to N6. Linkage Assurance rose to N0.70, notching up 7.69 per cent in the process. Chams added 5 per cent to end trade at N0.21. FCMB completed the top 5, climbing up by 3.33 per cent to N3.10.
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