The gains were led by buying interests in MTNN and gains in Tier-1 banks like Zenith, Access and United Bank for Africa.
The downturn was due to profit takings from Access Bank, Zenith Bank Plc, Guaranty Trust Bank Company and United Bank for Africa, Transcorp and AIICO.
Similarly, the market capitalisation declined by 0.02 per cent to N25,52 trillion from N25,53 trillion, making a decrease of N1 billion.
The market capitalisation gained N50 billion to close at N25.46 trillion from N25.41 trillion achieved on Friday.
Market breadth was positive with 20 stocks against 11 losers.
The overall market capitalisation dipped N83 billion to close at N21.920 trillion against N22.003 trillion on Friday.
The negative performance was driven by market watchers’ sell-off sentiment in the banking sector.
Market performance was driven by price depreciation in large and medium capitalised stocks.
Two days after complaining, the customer discovered that the UBA staff he complained to had withdrawn his money.
