Market capitalisation lost N7 billion or 0.02 per cent to close at N28.649 trillion as against N28.656 trillion posted at the previous trading.
Also, the All-Share Index lost 139.02 points to close at 47,063.28 compared with 47,202.30 posted on Friday.
The market closed positive with 30 gainers relative to nine losers.
The market negative performance was driven by price depreciation in stocks like BUA Foods, MTNN, Unilever, Fidson Healthcare and United Capital.
Market sentiment was positive with 21 gainers relative to 17 losers.
Market breadth market closed negative with 20 losers in contrast with 15 gainers.
The market negative performance was driven by price depreciation in large and medium capitalised stocks.