The overall market capitalisation value lost N418 billion to close at N27.850 trillion from N28.267 trillion.
The market capitalisation dropped by N18 billion or 0.06 per cent to close at N28.646 trillion.
Sentiments remained bearish at the Nigerian Exchange Ltd. (NGX) as market capitalisation decreased by N46 billion.
A breakdown of the price movement chart shows 37 gainers against seven losers, with Cornerstone Insurance leading the gainers’ table.
BUA Foods was the toast of investors, exchanging 204.59 million shares valued at N10.06 billion.
The bellwethers are BUA Cement, MTN Nigeria Communications (MTNN) and Airtel Africa.
The market capitalisation, which opened trading at N20.273 trillion, rose by N17 billion to close at N20.290 trillion.
A bargain-hunting for MTNN stocks rallied the market to a positive outcome on Thursday.
The All-Share Index dipped 16.94 points or 0.04 per cent to close at 39,505.40 from 39,522.34 on Friday.
Market capitalisation inched lower by N126 billion to close at N20.094 trillion from N20.220 trillion achieved on Friday.
