NSE market capitalisation drops below N11 trillion mark - Premium Times Nigeria

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NSE market capitalisation drops below N11 trillion mark

The News Agency of Nigeria reports that the market capitalisation dipped by N171 billion or 1.54 per cent to close at N10.955 trillion from the N11.124 trillion achieved on Friday.

Mr Omordion said that ongoing volatility would continue as investors and fund managers rebalanced their portfolios with eyes on the political space and ongoing full year company earnings and post-election market dynamics. Mr Omordion said that investors should review their positions in line with their investment goals, strength of company’s numbers and act as events unfold in the global and domestic environment.Eterna followed with a gain of 25k to close at N4.25, while Learn Africa appreciated by 11k to close at N1.34 per share.Conversely, Dangote Cement recorded the highest price loss of N3.50 to close at N185.50 per share.

 

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