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NSE: Market capitalisation dips N18 billion in bearish trading

Transactions on the nation’s bourse resumed for the week on Monday still on a downward trend with the market capitalisation dropping by N18 billion.

The performance was influenced by price depreciation in medium and large capitalised stocks, among which are, Nigerian Breweries, Cement Company of Northern Nigeria , Ecobank Transnational Inc , Dangote Sugar Refinery and Access Bank. LASACO Assurance rose by 6.90 per cent to close at 21k, while Mutual Benefits Assurance and Thomas Wyatt Nigeria gained five per cent each to close at 21k and 42k per share, respectively.

 

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