June 1, 2026

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 decline came as the market began trading under the newly introduced T+1 settlement cycle.

The cycle marks a significant milestone in the ongoing efforts to enhance efficiency and competitiveness in the capital market.

Heavy profit-taking in BUA Cement, Trans-nationwide Express, John Holt, Red Star Express and Deap Capital Management weighed on overall market performance.