Nigerian stock resumed this month on a dwindling note as investors lost ₦30 billion market capitalization trailing below 0.5%.

Trading closed in a positive note in January, investors gained over ₦1 trillion; whereas market capitalization rose to ₦22.19 trillion on Friday, from ₦21.06 trillion at the beginning of the month.

All share index dropped by 0.13 percent on Monday to 42,357.90 basis points from 42,412.66bps last Friday, while market capitalization fell to ₦22.16 trillion from ₦22.19 trillion.

However, on Monday, 28 stocks depreciated in value, while 35 stocks appreciated in value.

Top on the losers chart is Royal Exchange Plc lose by 10 percent at ₦0.36. Next is Guinea Insurance saw it share price shed at 9.09 percent to close at ₦0.20; while African Alliance plc dropped at 8 percent to close at ₦0.23 per share.

More depreciation was notable by Julius Berger Nigeria Plc lose by 7.28 percent to close at ₦21 per share. Multi verse mining and exploration plc followed suit at 4.55 percent loss to close at 0.21 per share.

The gainers chart recorded immense profit margin at the close of trading on Monday, Top on the chart was Honey well flour mill , rose by 10 percent to close at ₦1.43 per share, Champion Breweries Plc is next on the gainers chart, which rose by 9.97 percent to close at ₦3.42 per share,

Meanwhile, Mc Nicholas Plc increased by 9.80 percent to close at ₦0.56 per share. Next is Wapic Insurance Plc gaining 9.26 percent to close at ₦0.59 per share, while Jaiz Bank rose by 9.23 percent to close at 0.71 percent.

Ijeoma Njoku reporting, Obinwannem News