Nigerian Exchange Limited Opens Week in the Red, Market Capitalisation Falls ₦10.9 Billion

The Nigerian Exchange Limited (NGX) began the week on a downtrend, losing ₦10.9 billion in total market value as trading resumed on Monday.

Although the number of shares traded rose, total turnover fell, reflecting cautious investor sentiment. The All‑Share Index dipped slightly, indicating a weak start to the week for the market.

Some blue-chip stocks posted gains, but declines in major equities, particularly within the industrial and financial sectors, outweighed the positive movements, resulting in an overall market loss.

Market analysts believe the early-week decline reflects investor caution as traders reassess positions after last week’s activity.