Market capitalisation drops N5bn on Nigerian Exchange

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The All Share Index decreased by 8.83 points, representing a decline of 0.02 per cent to close at 51,944.58 from 51,953.41 on Wednesday.

Mutual Benefits Assurance went up by 6.25 per cent to close at 34k, while Prestige Assurance appreciated by 5.26 per cent to close at 40k, per share.

Ikeja Hotel followed with a decline of 9.24 per cent to close at N1.08, while Multiverse Mining and Exploration lost 7.60 per cent to close at N2.31, per share. However, the total volume traded rose by 18.72 per cent to 302.920 million units, valued at N2.023 billion, and exchanged in 3,743 deals.

 

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