The All-share index shed 61.35 points or 0.13 per cent to close at 48,426.49 from 48, 476.49 recorded on Wednesday.
The nation’s equity market on Wednesday remained on a bullish note with bargain buying on Nestle and other 10 stocks.
The upturn was impacted by gains recorded in large capitalised stocks, amongst which are MTN Nigeria, Airtel Africa and Seplat.
The All-Share Index (ASI) dipped by 7.46 basis points or 0.02 per cent to close at 47, 524.38 as against 47,531.84 recorded at the previous trading session.
The market capitalisation gained N532 billion to close at N26.786 trillion, compared with N26.253 trillion on Wednesday.
The negative performance was majorly driven by selloffs in banking stocks.
The All-Share Index (ASI) dropped by 0.46 per cent to close at 50,489.73 points from 50,722.33 points recorded on Friday.
The negative performance was driven by continued sell-offs of stocks of BUA Cement, Dangote Sugar, Transcorp and Fidelity Bank among others.
Market capitalisation inched lower by N2 billion or 0.01 per cent to close at N20.424 trillion from N20.426 trillion posted on Wednesday.
Transcorp was the most active stock, exchanging 20.53 million shares worth N18.69 million.
