Nigerian equities opened this week with a net loss of N141 billion. All major indices at the Nigerian Stock Exchange (NSE) trended downward in the opening trades for the week.

The All Share Index (ASI) _ the main index that tracks share prices at the Exchange, declined from its opening index of 28847.81 points to close at 28484.44 points.

Aggregate market value of all quoted equities dropped from the opening value of N10.842 trillion to close at N10.701 trillion.11 Plc; formerly Mobil Oil Nigeria recorded the highest loss of N8 to close at N165.

Stanbic IBTC Holdings followed with a loss of N1.95 to close at N44. 05 while Guinness Nigeria declined by N1.50 to close at N50 per share.

Okomu Oil Palm led the gainers with a gain of N7 to close at N77. Africa Prudential followed with a gain of 28 kobo to close at N3.82 while FBN Holdings rose by 25 kobo to close at N7.50 per share