The Nigerian stock exchange opened trading for the week on Monday on a bearish mood, with the market indices dropping by 0.02 per cent.
Specifically, the market capitalisation shed N19 billion.
The bearish performance was buoyed by investors’ profit-taking sentiment in all the major sectors except the industrial sector that was unchanged.
The Nigerian stock market opened trading for the month of August on Monday with a growth of N30 billion.
The CBN said no other company apart from Dangote, BUA and Golden would be given access to the country’s Forex market for importation of sugar.
The Nigerian equities market closed red on Thursday following sell pressure in the shares of the consumer goods sector.
FBN Holdings topped the activity chart with 34.84 million shares valued at N265.09 million.
Meanwhile, the truck driver claimed that he did not know what he was carrying in the truck until he was arrested.
![Dangote Truck used to illustrate the story. [CREDIT: Punch Newspaper]](https://gazettengr.com/wp-content/uploads/Dangote-Truck.jpg)
Transactions on the nation’s bourse dropped by N5 billion to reverse the two days upward trend.
However, the total volume of trades decreased by 12.8 per cent to 158.37 million shares valued at N2.24 billion exchanged in 3,330 deals.
