The Nigerian stock market opened the week on a weak note, with investors losing about N276 billion in value.

Data from the Nigerian Exchange Limited showed that market capitalization dropped slightly.

The All-Share Index also fell by 428.63 points, showing a decline in overall market performance.

Market activity remained mixed, with more losing stocks than gainers recorded during trading.

Companies like Secure Electronic Technology led the losers, while others such as Austinlaz posted gains.

Despite the losses, some firms including Access Corporation saw high trading activity during the session.