Investors lost N1.811 trillion on Monday as widespread profit-taking in major equities dragged the stock market into negative territory on the first trading day of June.
The downturn was driven by profit-taking in stocks such as FirstHoldCo, Trans-Nationwide Express, United Bank for Africa, Access Corporation, Fidelity Bank, and 35 others.
The market’s year-to-date return improved to 40.25 per cent.
The Nigerian stock market began the week on a positive note, as investors gained N443 billion amid renewed buying interest.
All other indices closed higher, except NGX Insurance and NGX Growth, which declined by 3.64 per cent and 1.82 per cent, respectively.
Market capitalisation rose by 0.16 per cent, while the All-Share Index advanced by 324.21 points or 0.16 per cent.
